Target braces for first-quarter profit pressure due to tariffs, low demand
Target warned on Tuesday that uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more of its products from countries including Guatemala.
Target Warns That Tariffs and Consumer Uncertainty Will Hurt Profit
The retailer said sales fell in February and profit will be pressured in the current quarter.
Target posts strong Q4 profits and sales, but warns of cautious spending as tariffs take hold
Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending, and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs on Mexico,
Target sees near-term profit squeeze from tariffs, cautious spending
Target on Tuesday forecast full-year comparable sales below estimates, and said uncertainty around tariffs as well as consumer spending would weigh on first-quarter profits. The Minneapolis-based reta
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices "over the next couple of days."
Target’s stock reverses lower as tariff talk overshadows upbeat profit outlook
Target’s profit will be pressured in the first quarter due to tariff uncertainty and bad weather, but will then see improvement the rest of the year
Target warns of price increases as tariffs take hold
Target CEO Brian Cornell also said tariffs on Mexico, Canada and China would put “meaningful pressure” on the company's profits.
Tariffs will dig into business profits, Target says
Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs and other costs.
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