Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent growth.

Target Corp. cut its sales forecast following a sharp pullback in spending and a hit from tariffs, boycotts and consumer confidence.

Target cut its full-year sales outlook on Wednesday after first-quarter results missed expectations. The retail giant reported adjusted earnings per share of $1.30, though it’s unclear how that compares to the $1.