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There was a target … we must say that … it’s a target behindhe’s backHis dei initiatives triggers a social media boycott and11 straight weeksTo refuse to decrease until April 22. Now the company missed the bull’s eyes.
On Wednesday, he earned a profit of $ 23.85 billion, the shortcomings, the shortcomings, about half a billion dollars and 2.8% of analytical expectations. Comp Sales decreased by 3.8% compared to a year ago.
Customers went to fewer stores and got less on each trip. The number of foot traffic in the store fell by 5.7%, both in the store and the number of online transactions by 2.4% and decreased by 7.4%. The target is now leaving this financial year down a low figure, this fiscal year is waiting to return the decline in a 1% increase.
The company accused the company’s uncertainty in the tariffs and the consumer of the consumer who fell into the infested diversity initiatives and a bad quarter.
This is a classic case “cycler“Feeling the heat of economic uncertainty – when the economy is good, target booms. But when times are bad, they will start alternatives, like consumers, cheaper Diamatic. And right on the right, the Walmart eats the target dinner. Recently, Meqastore said he saw that households were spent on groceriesMore than $ 100,000 earningsone year. Even the rich are looking for bargaining in eggs.
The targeting earnings per share was about 36%, $ 1.30 per year, 21% below the expectations. Margons were clamped by supply chain costs, digital performance costs and more heavy marks. It falls down about 30% this year.
Finding This red bull eye logo is a different kind of target these days.
This report was Was first published by Cfo brew.
This story was first displayed Fortune.com
