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Target cuts annual forecast
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The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they ...
Languages: English. Target has reduced its full-year sales forecast, with its CEO signaling price rises over tariffs have not been ruled out and blaming declining sales in part on backlash to ...
The $700 billion retailer clung to its annual financial forecasts despite rising U.S. tariffs and recession risks. The sheer number of unpredictable moving parts, however, blunts the reassurances.
↘️ Target (TGT): The retailer posted weaker-than-expected sales and cut its annual forecast, citing uncertainty around tariffs and consumer demand. Shares fell about 4%. ↘️ Lowe’s (LOW ...
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