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Target Faces Falling Sales This Year as Turnaround Falters
The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” economy and backlash over its pullback from diversity policies.
Target’s problems are escalating
Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
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Target's sales drop in Q1, and they may continuing dropping all year
Target's sales fell more than the Minneapolis-based retailer expected they would in the first quarter, and the company is warning they will slip for the rest of the year as shoppers limit spending.
Wall Street retreats as Target reports falling sales and issues tepid forecast due to tariff worries
Wall Street futures headed lower after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose.
Target cuts annual forecasts as tariff pressure mounts, demand slows further
Target slashed its annual sales forecast on Wednesday after posting a sharp decline in quarterly same-store sales, attributing the declines to weakened consumer confidence and a pullback in discretionary spending due to U.
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Consumers continue to be tight with their wallets, causing more issues for Target
Target executives said consumers are still being careful what they spend, resulting in a nearly 4% comparable sales decline for the February-April period. More, the Minneapolis-based retailer predicts sales will be down mid-single digits for the year.
Target Cuts Outlook After Another Weaker-Than-Expected Quarter
Target Corp. cut its sales forecast following a weaker-than-expected quarter — the latest sign the big-box retailer’s plans to recapture growth are faltering.
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