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Target Just Slashed Its Annual Sales Forecast. Here’s How It ‘Lost Its Way’
Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.S. President Donald Trump’s trade war.
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
Languages: English. Target has reduced its full-year sales forecast, with its CEO signaling price rises over tariffs have not been ruled out and blaming declining sales in part on backlash to ...
↘️ Target (TGT): The retailer posted weaker-than-expected sales and cut its annual forecast, citing uncertainty around tariffs and consumer demand. Shares fell about 4%. ↘️ Lowe’s (LOW ...
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Target Admits DEI Rollback and Boycotts Contributed to Sales DeclineIt looks like the Target boycott is working after all. According to Yahoo Finance, on an earnings call with investors, Target ...
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