Woke Target suffering the consequences

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Target Q3 results:

Total sales: +0.9%
Digital sales: +11.1%
Store sales: -1.2%
Net income: -12.1%

These are weak numbers that come off of a weak prior year. Target continues to lose market share.

Sad!
 

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Lots of “Pride”

  • Due to boycotts against Target, the company lost “$10 billion in market valuation between May 18 and May 23, 2023,” with an overall loss between May 17 and October 6 of that same year of “more than $25 billion in market capitalization.”
 

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