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Tariff uncertainty, DEI backlash hurt Target’s results. Price increases are ‘the very last resort,’ CEO says.
Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.
Target's sales are tumbling — and its DEI moves aren't helping
Target reported a sharp drop in comparable sales in its first quarter and cut its outlook for the full year.
Target slashes outlook after tariffs, DEI boycotts slam sales: ‘We’re not satisfied with these results’
Target lowered its full-year sales forecast after a tough first quarter marked by weak discretionary spending, tariff ...
Rolling Out1d
What Target DEI changes cost the retailer in revenue
Target reports 7% sales decline after rolling back DEI initiatives, facing community boycotts and advocacy group protests ...
The Target boycott movement is impacting sales. More protests are around the corner.
Target said reactions to its DEI moves had adversely affected its sales, and protesters say they're not yet satisfied with ...
Target reports dismal earnings amid DEI ‘headwinds’ and says two C-suite women leaders are on the way out
The retail giant Target continues to wander in troubled territory.
Ailing Target Boots Legal Chief Amy Tu After Just 9 Months
A boycott launched by Target shoppers unhappy with its DEI retreat has added to the retailer's sales headaches, prompting CEO ...
Tariffs, DEI backlash take toll on Target’s Q1 earnings
The company cut its guidance for sales and earnings and now expects a low, single-digit decline in sales, down from a ...
The Washington Post3d
Target stumbles as tariffs hit earnings and sales fall amid DEI backlash
“We are not satisfied with recent performance,” Target CEO Brian Cornell ... a customer boycott over DEI changes. During a call Wednesday to discuss earnings, Cornell acknowledged that ...