Categories
Uncategorized

Target’s sales down 3.8 percent in Q1 2025 earnings report

“In the first quarter, our team navigated a highly challenging environment and focused on delivering the outstanding assortment, experience and value guests expect from Target. While our sales fell short of our expectations, we saw several bright spots in the quarter, including healthy digital growth, led by a 36 percent increase in same-day delivery through Target Circle 360, and our strongest designer collaboration in more than a decade, kate spade for Target. While these highlights reinforce our confidence in the underlying health of our business, we’re not satisfied with current performance and know we have opportunities to deliver faster progress on our roadmap for growth,” says Target CEO Brian Cornell in the retailer’s Q1 2024 earnings statement, not mentioning the boycott movement over its rollback of DEI policies in submission to the Trump regime.

That’s upfront in the Wall Street Journal’s reporting on the earnings statement, crediting the pro-DEI movement’s impact for a 3.8 percent sales decline from Q1 2024. Cornell did acknowledge this on a call with reporters that must’ve been held at some ungodly hour this morning, saying that, while he couldn’t estimate how much the boycott was responsible for the loss, it “played a role in our first-quarter performance.” The CEO vaguely committed to a correction by making Target a place where their “guests and our teams and our partners feel included,” whatever that’s going to mean.

Cornell also blamed lower spending on discretionary items amid a broad decline in consumer confidence but did not assign blame to you-know-who for creating that environment rather than fulfilling his bullshit campaign promises to lower costs for all Americans. Obviously having enough self-inflicted problems to deal with, Cornell barely mentioned tariffs, saying only “we have many levers we can use to mitigate this impact, and price is the very last resort” to mitigate their impact.

Created by potrace 1.16, written by Peter Selinger 2001-2019

Fox News cuts off shitfaced guest

2 hours ago

Zambian president unvited to predecessor’s funeral

3 hours ago

Surprise! Vance Boelter a Trump fanboy

6 hours ago

WATCH LIVE: No Kings vs the King’s Parade

10 hours ago

“Putin called this morning to very nicely wish me a Happy Birthday”

10 hours ago

Blaze reporter names Vance Boelter in Minnesota assassinations

12 hours ago

White House staff posts pic of Trump post White House staff wrote

13 hours ago

Dem Minnesota House leader Melissa Hortman dead after shooting

15 hours ago

North Slope Borough, Alaska mayoral recall effort fails miserably

15 hours ago

“REMEMBER, A RAINY DAY PERADE BRINGS GOOD LUCK”

15 hours ago

Minnesota Dem state lawmakers, spouses shot by fake cop

16 hours ago

Danish Trump fanboy blames Biden for being stuck in ICE gulag

1 day ago

Tucker burns bridges with Hannity, Levin

1 day ago

Dow closes down 770 points, oil up 7 percent

1 day ago

Homeland Security offering only $10,000 reward for ICE escapees

1 day ago

Luna claims she’s going to subpoena George Soros over LA riots

1 day ago

No, Indian-British woman is not a Final Destination protagonist

1 day ago

New Hampshire Republicans fuck up Rx bill with ivermectin bullshit

1 day ago

DHS kind of picky with the stories it wants to “fact-check”

2 days ago

“Maybe now it will happen”: Trump on Iran nuclear deal

2 days ago

MAGA Land performs propaganda mill’s script down to the letter

2 days ago

Cambodia bans Thai movies and TV shows

2 days ago

Regime official says “no change” to zero-tolerance deportations

2 days ago

Fox News guest sells Israel-Iran shitshow as “Liberation Day”

2 days ago

Wealthy royal courtier swallows bee during polo match, dies

2 days ago

Federal courts hand Trump a double dose of defeat

2 days ago

Tim Scott claims crypto bill will lower Walmart and Target prices

2 days ago

Mild sexual innuendo mars Cup Noodles’ new “dill” flavor roll-out

2 days ago

Orange God Emperor now calls Israeli strike on Iran “excellent”

2 days ago

Pizzagate asshole changes the subject

2 days ago

Feckless “peacemaker” admits his failure

2 days ago

“White privilege card” among MAGA merch in Fort Bragg pop-up

2 days ago

MAGAfrikaner refugee family reportedly stranded at Montana hotel

2 days ago

QAdulteress hasn’t tweeted since

2 days ago

Judge rules Trump illegally federalized California National Guard

2 days ago

IDF strikes Iran

2 days ago

TACO Man tacos back on mass deportations

2 days ago

Dog murderer disagrees with fat boss on deportation exceptions

2 days ago

US and Israeli officials say Iran attack coming “within days”

2 days ago

House passes $9.4 billion in “DOGE” cuts

2 days ago

DHS already trying to justify it/backhandedly apologize

2 days ago

Petey Pee Pants sold up to $550,000 in stock before Liberation Day

2 days ago

Padilla manhandled at Noem presser

2 days ago

One man actually did survive Air India crash, injuries not too severe

2 days ago

You’ll never guess what this Freedom Caucasian was arrested for

3 days ago

Judge declares mistrial in last charge against Weinstein

3 days ago

AP-NORC poll finds Trump approval at 39 percent

3 days ago

WATCH LIVE: President Shitbrain scribbles and yells at reporters

3 days ago

CBO determines poor people Bigly, Beautifully fucked

3 days ago

Orange Overlord pussies out of zero-tolerance mass deportation

3 days ago

x
x
x
x
x
x