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The Target boycott movement appears to be making a mark. More protests are around the corner.
Target said reactions to its DEI moves have adversely impacted sales, and protesters say they're not yet satisfied with the company's response.
Target stumbles as tariffs hit earnings and sales fall amid DEI backlash
Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent growth.
Target's sales are tumbling — and its DEI moves aren't helping
Target reported a sharp drop in comparable sales in its first-quarter and cut its outlook for the full year.
Target responds to tariff uncertainty.
We’re constantly adjusting pricing,” Target CEO Brian Cornell said during an earnings call on Wednesday, as reported by CNBC. “Some are going up, some will be reduced, but that’s an ongoing effort that takes place each and every day.
Target cuts sales forecast on shopper pullback, tariff hit
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty over tariffs, and shopper backlash against the company’s decision to halt diversity initiatives.
Target Faces Falling Sales This Year as Turnaround Falters
The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” economy and backlash over its pullback from diversity policies.
Target reports dismal earnings amid DEI ‘headwinds’ and says two C-suite women leaders are on the way out
The retail giant Target continues to wander in troubled territory.
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