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Target lowered its full-year sales projection Wednesday after the retail giant reported mixed first-quarter results.
The Minneapolis-based retail giant reported comparable sales decreased 3.8% during the quarter that ended on May 3 to miss ...
Target on Wednesday said its chief operating officer, Michael Fiddelke, will oversee the effort, while Christina Hennington, its chief strategy and growth officer, will leave the Minneapolis company ...
Sales at Target fell more than expected in the first quarter and the retailer warned they will slip this year as consumers, ...
Tariff-related uncertainty, consumer boycotts, and weak demand for discretionary hurt the retailer’s first quarter.
The company also established an “acceleration” office and some leadership changes to improve efficiency and speed up its growth plan.
The retailer posted revenue of $23.85 billion in the period, which also did not meet Street forecasts. Ten analysts surveyed by Zacks expected $24.23 billion. Target expects full-year earnings in the ...
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