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

Canadian outlet omits origin of smoke

7 hours ago

President flexes level of commitment to lowering costs for voters

13 hours ago

US hits Iranian bridge, seaport tower

15 hours ago

Orange Fuhrer declares war on free and fair elections: Live

1 day ago

Jaydee cancels helicopter flight to son’s golf practice

1 day ago

WATCH LIVE: Karoline returns from her birthing lair

1 day ago

White House teleprompter guy made $100,000 on Kalshi bets

1 day ago

Wealthy Russians moving assets to overseas seizure shelters

1 day ago

WATCH LIVE: Old Man Trump spins some yarns in Pennsylvania

2 days ago

TOTAL WITCH HUNT! SOCIALIST NAZI COMMIE FASCISM!

2 days ago

Key 2024 swing state voters belatedly realize they fucked up: poll

2 days ago

Deeply amoral Trump lawyer faces Senate hearing: Live video

3 days ago

South central Texas under severe flood threat

3 days ago

Trump orders ICE to go back to killing people

3 days ago

New York City woman deeply offended by anti-Red State agitprop

3 days ago

Chipmunk semen and mercury missing from CDC parasite alert

3 days ago

DHS suspends ICE vehicle stops

3 days ago

Iraqi Prime Minister trapped with gramps: Live video

3 days ago

TACO Tuesday, now with spicy Hormuz sauce!

3 days ago

EJ Carroll collects $5.6 million judgment from Trump

3 days ago

WATCH LIVE: Kagan and Barrett testify to House hearing

4 days ago

Warren Buffett cuts off Bill Gates after Epstein email drop

4 days ago

“People tried to talk him out of it”

4 days ago

Grandpa sundowning again: Live video

4 days ago

Darlene Graham Nordone to serve out rest of brother’s term

4 days ago

WATCH LIVE: White House promotes some scam motor race

4 days ago

Judge nukes Trump IRS settlement

4 days ago

Orange Fuhrer “imposes” 20 percent toll for Hormuz traffic

5 days ago

ICE guns down another person in Maine

5 days ago

Lindsey fondly remembered for badly losing 2016 GOP primary

5 days ago

British counterterrorism cops probing fascist former MP’s murder

5 days ago

Fox News reports Trump revenue streams under Iranian attack

5 days ago

Regime “task force” to release docs on “election integrity”

5 days ago

Massive wildfire erupts outside Paris

5 days ago

Trump already using Lindsey’s death for SAVE Act: Live Updates

6 days ago

Lindsey Graham has died

6 days ago

Strait of Hormuz unopened for business

6 days ago

Wasn’t all the “negative news” supposed to be awesome?

6 days ago

Ayatollah vows revenge against Trump

7 days ago

“PRAISE BE TO ALLAH”

7 days ago

Even millionaires are struggling with grocery prices

1 week ago

Kristi 💔 Byron

1 week ago

Newsmax viewers’ expectations calibrated inappropriately

1 week ago

Orange Toddler again refuses to sign bipartisan housing bill

1 week ago

House to vote on permanent Daylight Saving Time next week

1 week ago

“Midterms are still beyond Trump’s focus zone”

1 week ago

Reflecting Pool terrorist pleads not guilty

1 week ago

McCarthy can’t think of any Republicans similar to Platner

1 week ago

Palm Beach International now officially Donald J Trump Airport

1 week ago

Trump looks past partisan divides, sees in Graham Platner a fellow human being credibly accused of sexual violence against women

1 week ago

x
x
x
x
x
x