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Tariffs, DEI backlash take toll on Target’s Q1 earnings
The company cut its guidance for sales and earnings and now expects a low, single-digit decline in sales, down from a previous growth projection of 1 percent, and GAAP earnings-per-share of $8 to $10, down from its previous guidance of $8.80 to $9.80.
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Target warns tariffs could bring huge costs, but price increases not the first optionTarget's CEO warns of massive costs due to tariffs, emphasizing that price increases are a last resort. As the trade war ...
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Target says it won't raise prices; Unless tariffs leave no choiceTarget prioritizes stable prices, only raising them as a last resort. Due to U.S. tariffs on imports, they're exploring ways ...
Target should eventually return to growth, though the stock is likely to be dead money until the company can deliver some ...
The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
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