Incoming CEO Michael Fiddelke leads Target's restructuring effort to reduce complexity and speed decision-making, cutting 8% of global headquarters team positions.
Target said Thursday that it's cutting 1,800 roles across the company, or roughly 8% of its corporate workforce. It marks the largest round of layoffs at the company in a decade.
The U.S. is seeking leverage in its trade negotiations with China.
Papa John's remains a 'Buy' as the stock outperformed the S&P 500 and delivered strong returns since the initial recommendation. PZZA's turnaround is driven by a smart barbell strategy, menu innovation, loyalty program revamp, premiumization, and operational streamlining under new management. Apollo Global Management has made a $64/share buyout offer, valuing PZZA at a modest premium to historical M&A multiples, with a ~21% upside from current prices.
Ethan Allen Interiors faces inflation and housing market headwinds but maintains profitability through cost controls and a strategic domestic footprint. ETD may benefit from lower tariffs and labor costs in Honduras, supporting competitive pricing and mitigating industry-wide inflationary pressures. Strong liquidity, a debt-free balance sheet, and consistent cash flows ensure dividend sustainability and operational resilience for ETD.
Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest U.S.
The latest trading day saw Target (TGT) settling at $88.86, representing a +1.74% change from its previous close.
Catch TGT's falling knife, as the meltdown triggers its richer, secure dividend yields at over 5% along with the extremely discounted stock valuations. With the CEO replaced and the management looking to drive renewed growth through newness/ improved in-store experiences, the retailer may deliver an outsized FY2026 performance. This is especially since TGT's healthier inventory levels entering Q3'25, the easer YoY comparisons from FQ3'24 levels, and the benefit of back-to-school season may trigger robust FQ3'25 sales numbers.
Target's stock has fallen nearly 40% since late 2024, underperforming the S&P 500, but I believe the selloff has gone too far given its underlying strength and strategic repositioning. Margins compressed to 3.7% as tariffs and cost inflation hit the bottom line, yet the company's balance sheet and interest coverage 8× remain comfortably within investment-grade levels. A new CEO with 23 years inside the company will take the helm in 2026, an ideal moment for a cultural reset and operational efficiency gains.
TGT accelerates its AI-driven transformation, boosting efficiency, forecasting precision and digital growth momentum.
TGT is upgraded to a buy rating as Q2 results show signs of stabilization and improving fundamentals. Sales and EPS declines are slowing, with digital comparable sales growing and efficiency initiatives underway, despite ongoing margin pressure. TGT is investing heavily in store remodels and technology, prioritizing long-term growth over near-term shareholder returns like buybacks.
But for Target Corp. NYSE: TGT, October will be a defining month for the stock, giving markets a real sense of whether it can reclaim higher prices before the end of 2025 and continue that momentum into 2026. The reason is simple: Circle Week is back with a revamped strategy.