Target, Sales
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Target’s was already facing a very public revolt from some of its most loyal customers. Now it’s warning about tariffs.
Target also cut its sales projections and expects a low-single-digit decline for 2025, the Associated Press reported. The company is also setting up a new office let by CFO Michael Fiddelke that is intended "to build more speed and agility into how we operate and position key capabilities to drive long-term profitable growth."
Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here's what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG: