Target, Sales
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Target said reactions to its DEI moves have adversely impacted sales, and protesters say they're not yet satisfied with the company's response.
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Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
Target missed its earnings expectations as it grapples with the effects of tariffs and the impact of scaling back its diversity and inclusion efforts. This comes as Home Depot also reports disappointing gains.
Target and Walmart both faced boycotts over pulling back from their DEI efforts. But Target got the worst of the effects.
The retail giant Target continues to wander in troubled territory.
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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
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.