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Target cut its annual sales projections Wednesday. The company now expects a low-single digit decline for 2025 after projecting a 1% increase for sales in March.
Target has recorded stagnated sales and stock value for the last few years and struggled to win customers back after a series ...
Target sales issues The change comes after Target took a big hit in sales in the first quarter of the year. The Minnesota-based retailer reported a nearly 4% drop in sales.
Target said in its latest earnings that it expects a low-single digit decline in sales for fiscal 2025, down from its previous forecast of net sales growth of about 1%.
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Target has significantly underperformed the broader market over the past year, and Wall Street analysts remain cautious about ...
Target said in its latest earnings that it expects a low-single digit decline in sales for fiscal 2025, down from its previous forecast of net sales growth of about 1%.