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 shares tank as it issues rough first quarter profit warning due to Trump tariffs
Target (TGT) may have to do a lot more this year than open Warby Parker (WRBY) eyeglass shops as it becomes the latest retailer to warn about the impact of Trump tariffs. The discount retailer delivered sales,
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 shares drop as it issues rough first quarter profit warning due to Trump tariffs
Target (TGT) may have to do a lot more this year than open Warby Parker (WRBY) eyeglass shops as it becomes the latest retailer to warn about the impact of Trump tariffs. The discount retailer delivered sales,
Target sees near-term profit squeeze from tariffs, cautious spending
Target forecast full-year comparable sales below estimates on Tuesday after a discount-driven holiday quarter results beat, and said uncertainty around tariffs as well as consumer spending would weigh on first-quarter profits.
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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What Analysts Think of Target Stock Ahead of Earnings
Sales and profit for Target are expected by analysts to decline from the same time a year ago, while comparable store sales are projected to rise. Analysts have said lately that they expect ...
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Target raises this year’s profit forecast
NEW YORK: Target is raising its full-year profit forecast and reported its first increase in quarterly comparable sales in over a year, driven by price cuts that attracted more shoppers to its ...