Target cuts sales forecast
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↘️ 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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Benzinga on MSNTarget Cuts Outlook as Economic Uncertainty, Tariff Pressures, and DEI Backlash Undermine SalesTarget 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.