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Shares fell 3.5% in midday trading Wednesday. Quarterly sales fell 2.8% from last year to $23.85 billion, and that was short of the $24.23 billion Wall Street expected, according to FactSet.
Target said its comparable sales were down 3.7% in the most recent quarter when Walmart’s were up 3.8% and Amazon saw increases as well.
The policy, introduced in 2013, allowed customers to buy items in Target stores at reduced prices if they were being sold for ...
Target sales drop in 1st quarter and retailer warns they will slip for all of 2025. ... “We look at competition,” Cornell told reporters.
Target warned sales will slip as consumers, worried over the impact of tariffs, pull back on spending. Target also faces boycotts over its reversals of some DEI efforts.
Target said Wednesday its comparable store sales were down 3.7% in the most recent quarter. At the same time, Walmart's were up 3.8%, and Amazon also saw increases. The decrease in ...
At first blush, Target TGT chalked up decent second-quarter results, as comparable store sales grew 2% and operating margins jumped 160 basis points to 6.4%, resulting in a low-double-digit surge ...
NEW YORK — Target’s challenge to revive sales and its status as a cheap chic retailer just got more complicated. The discounter announced on Wednesday that sales fell more than expected in the first ...
Target sales drop in 1st quarter and retailer warns they will slip for all of 2025. ... “We look at competition,” Cornell told reporters.
But it’s been a complicated feat even without the tariff trade wars. Target’s shares have fallen more than 37% in the past 52 weeks. Target rival Walmart reported strong quarterly sales last week.
NEW YORK (AP) — Target’s challenge to revive sales and its status as a cheap chic retailer just got more complicated. The discounter announced on Wednesday that sales fell more than expected in the ...
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