Target Corporation (TGT)
Big part of Target's problems are operational, says J Rogers Kniffen's Jan Kniffen
Jan Kniffen, J Rogers Kniffen Worldwide CEO, joins 'Power Lunch' to discuss Target's new CEO, what to expect from Target and much more.
Target's stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won't be change when change is needed'
Michael Fiddelke, 49, currently Target's chief operating officer, will take the helm Feb. 1, 2026.
Target: Missing the Mark in 2025—Downtrend May Continue
While Target's NYSE: TGT FQ2 2026 results show some improvements, the company continues to lag its peers, lose market share, and contract its business. Moreover, the choice of the new CEO did not boost market optimism.
Target's Digital Sales Gain as Traffic Wanes and CEO Departs
There was a lot to digest on Target's second-quarter 2025 earnings call Wednesday (Aug. 20), as the retail giant posted data that showed consumers pulling back. Same-store sales dipped year over year.
Target is struggling. CEO Brian Cornell is stepping down in February
Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.Minneapolis-based Target Corp. said Wednesday that Chief Operating Officer Michael Fiddelke, a 20-year company veteran, will succeed Cornell. Cornell will transition to be executive chair of the board.Cornell, 66, took the helm at Target in August 2014.
Target Q2 Earnings Miss Estimates, Comparable Sales Decline Y/Y
TGT posts a Q2 revenue beat but an earnings miss, with comparable sales down and margins under pressure despite digital growth.
Target Q2: Earnings Beat Overshadowed By CEO Transition
Target Corporation's Q2 earnings beat estimates, but profitability remains under pressure with declining margins and net income down over 20%. TGT stock fell sharply due to disappointment over the internal CEO succession, raising doubts about the potential for a strategic turnaround. Bright spots include digital sales growth, strong seasonal merchandising, and expanding higher-margin revenue streams like advertising and marketplace.
3 Uncomfortable Questions For Target's New CEO
The impulsive reaction to Target's long-overdue CEO change is — what took so long?
Top Stock Movers Now: Target, La-Z-Boy, Hormel Foods, and More
U.S. equities were mostly in the red at midday, dragged for a second session by tech stocks, as well as a mixed bag of earnings news. The Nasdaq dropped 1%, the S&P 500 was down as well, while the Dow Jones Industrial Average was little changed.
Target CEO Shakeup May Breathe Fresh Life Into Target
Target Corporation's share price decline is driven more by political backlash than by poor fundamentals or business performance. New CEO Michael Fiddelke has an opportunity to reset relationships and potentially reverse the negative sentiment impacting the stock. Target's valuation is historically low, with fundamentals that suggest TGT stock is undervalued if leadership can re-engage lost customers.
Rotation Continues on Big Morning for Retail Earnings
Target (TGT) posted mixed Q2 results as it announced a CEO change; TJX, LOW and EL all beat on earnings.
AmEx Up 24.3% in a Year: But Is the Price Target Enough of a Perk?
American Express Company AXP has rewarded investors handsomely, gaining 24.3% over the past year, outpacing the S&P 500's 15.6% climb and the broader industry's 14.5% rise. Still, its larger peers did even better — Visa Inc. V jumped 27.7% and Mastercard Incorporated MA rose 25.1%.
