Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.

Rev. Jamal Bryant said Black customers saw Target as “a friend” and were shocked by the DEI pushback announcement.

Sales at Target fell more than expected in the first quarter and the retailer warned they will slip this year as consumers, worried over the impact of tariffs, pull back on spending.

Target (TGT 2.20%) has seen its stock price tumble approximately 30% year to date, underperforming the broader market by a wide margin. Its disappointing financial results this ye

Target shares sank 7% Wednesday morning after the retail giant lowered its full-year sales projection following mixed first-quarter results.

For fiscal 2025, the company said it now expects a low-single digit decline in sales, and GAAP EPS of $8 to $10. Adjusted EPS, which excludes the gains from the litigation settlements in the first quarter, is expected to be approximately $7 to $9.

Minneapolis-based retailer put its chief operating officer, Michael Fiddelke, in charge of a new unit that will find ways to change faster and add efficiencies.