Target cuts annual forecasts as tariff pressure mounts, demand slows further

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Target cuts annual forecasts as tariff pressure mounts, demand slows further

theglobeandmail.com/business/international-business/article-target-cuts-annual-forecasts-as-tariff-pressure-mounts-demand-slows

Target TGT-N slashed its annual sales forecast on Wednesday after posting a sharp decline in quarterly same-store sales, attributing the declines to weakened consumer confidence and a pullback in discretionary spending due to U.S. President Donald Trump’s aggressive approach to…

This story appeared on theglobeandmail.com, 2025-05-21 11:45:35.