brian cornell
Target Reports Largest Earnings Miss In 2 Years
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Target is slashing prices on over 2,000 items across different categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Target CEO Brian Cornell came under fire from Consumers’ Research executive director Will Hild for telling “flat-out lies” in a recent interview over the big-box retailer’s LGBTQ+ Pride merchandise.