Tariff uncertainty, DEI backlash hurt Target’s results. CEO says price increases are ‘the very last resort.’

Target says that it saw softer-than-expected sales and profit pressures in the first quarter as the retail environment remained “highly challenging.”

May 21, 2025 - 14:04
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Tariff uncertainty, DEI backlash hurt Target’s results. CEO says price increases are ‘the very last resort.’
Target says that it saw softer-than-expected sales and profit pressures in the first quarter as the retail environment remained “highly challenging.”