Target stumbles
Digest more
Target's (TGT) sluggish first quarter was partly due to consumers' protests to the retail giant's rollback on diversity, equity, and inclusion (DEI) policies. On Wednesday, shares of the retailer slid more than 7% after it posted a 3.
The retail giant Target continues to wander in troubled territory.
Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here's what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG:
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they will slip for all of 2025 year as its customers, worried over the impact of tariffs and the economy, pull back on spending.
Target is giving itself black eyes on its earnings day. The discount retailer badly missed Wall Street estimates for first quarter earnings on Tuesday morning and slashed its full
Explore more
A second boycott against Walmart and its affiliated stores is underway as some shoppers protest what they call corporate greed, companies that have rolled back their diversity, equity and inclusion efforts and President Donald Trump 's efforts to eliminate federal DEI programs since taking office.
The Justice Department will use a law typically used to punish corrupt recipients of federal funding to pressure universities to abandon diversity, equity, and inclusion programs. President Donald Trump’s Department of Justice cited what it views as universities’ inadequate responses to campus antisemitism and “divisive” DEI policies as justification for using the False Claims Act.