Target Corporation (TGT)
Target Is Latest Chain to Warn of Price Hikes Amid Tariff Uncertainty
The discount chain attributed its recent sales slump partially to tariff uncertainty, but stressed that price hikes are only one option.
Target's weak results were the quarter's ‘least-well-kept secret,' but immediate improvement seems elusive, analysts say
The past few years of cost-of-living increases, which have forced many shoppers to focus on the basics, have shifted that narrative for Target.
Target reveals drop in first quarter revenue, expects to slip for all of 2025
Sales at Target 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 also said that customer boycotts have also done some damage. The company scaled back many diversity, equity and inclusion initiatives in January after they came under attack by conservative activists and the White House.
Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories'
Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for fiscal 2025.
TJ Maxx, Target Execs Say They're Poised to Offset Nearly All the Impacts of Tariffs
Tariffs haven't touched the outlook at TJ Maxx and Marshalls.
Compared to Estimates, Target (TGT) Q1 Earnings: A Look at Key Metrics
The headline numbers for Target (TGT) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Target Warns Of Lower Sales In 2025—Blaming Tariffs And DEI Rollback Backlash
Cornell reportedly said Target would only raise its prices amid tariffs as a “very last resort.” Even as other retailers, like Walmart, have warned of hiked prices, Target still has “many levers to use in mitigating the impact of tariffs,” Cornell said.
Target Says Sales Will Decline Amid Tariffs—Joining These Companies Warning Of Tariff Impacts
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Target cuts full year guidance as first quarter earnings fall short
Target Corp (NYSE:TGT) shares moved lower in early trade on Wednesday as it slashed its full-year guidance following a weak first quarter. The retailer now expects its full-year sales to be down a low single digit percentage versus its prior guidance of 1% growth over last year.
Target And Lowe's Earnings Are Out: What Shoppers Need To Know In A Changing Retail World
The first few months of 2025 were bumpy for many big retailers and the US stock market. The world had to adjust to tariffs and GDP contracted in Q1.
Target (TGT) Misses Q1 Earnings and Revenue Estimates
Target (TGT) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $2.03 per share a year ago.
Retail Earnings Continue; Target Disappoints While Lowe's Reaffirms Guidance
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