Walmart, Target, and other retail stocks sank Thursday after the Trump administration announced sweeping reciprocal tariffs ...
This is the final part of the profit and loss account. If the net profit figure is negative, the business has made a loss.
Target warned that its profit would come under pressure this quarter—and its sales could be flat this year—because of consumer uncertainty and escalating tariffs. Shares fell nearly 5% Tuesday ...
Target Corp. cut bonuses for its salaried employees, as the retailer’s sales and profit fell on soft consumer spending. Employees are set to receive 87% of their eligible 2024 bonuses ...
The discount retailer delivered sales, gross profit margin, and earnings beats for the fourth quarter on Tuesday. Target credited sequential improvements in sales of apparel and home goods for the ...
Target told investors during its earnings call Tuesday that it expected substantial profit challenges in the first quarter, citing “tariff uncertainty” among several factors alongside ...