Target CEO Under Pressure
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Target Corporation faces declining sales, weak traffic, and margin pressures despite a 4.5% dividend yield. Click for my TGT earnings review and look at value.
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 Corp., facing financial headwinds and pushback over its diversity, equity, and inclusion initiatives, has dismissed two executives who have backed DEI efforts, including a chief legal and compliance officer it hired nine months ago.
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty over tariffs, and shopper backlash against the company’s decision to halt diversity initiatives.
President Donald Trump's tariffs are widening the gap between market-leader Walmart and Target, the companies' latest quarterly reports show, underscoring missteps at the smaller U.S. retailer amid economic uncertainty.
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A boycott launched by Target shoppers unhappy with its DEI retreat has added to the retailer's sales headaches, prompting CEO Brian Cornell to announce sweeping changes Wednesday.
Q1 2025 Earnings Call Transcript May 21, 2025 Target Corporation misses on earnings expectations. Reported EPS is $1.3 EPS, expectations were $1.56. Operator: Ladies and gentlemen, thank you for standing by.
As tariffs rattle retailers in the U.S., Target Corp. (NYSE: TGT) is showing how years of quiet supply chain maneuvering can pay off.
The retailer’s stock was up more than 2% in recent trading. At its current level near $95, Target is still below the price just above $98 at which it closed Tuesday before reporting its latest financial results —but also substantially off the sub-$91 lows it touched in response to those results.
Wall Street’s enthusiasm for Target Corp. is at its lowest in six years, as disappointing earnings from the big-box retailer spur a series of analyst downgrades.