Target Corporation faces declining sales, weak traffic, and margin pressures despite a 4.5% dividend yield. Click for my TGT earnings review and look at value.

Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.

MINNEAPOLIS — Target Corp. executives expect to blunt the “vast majority” of the cost impact from tariffs but haven’t ruled out the possibility of price increases, which chairman and chief executive officer Brian Cornell called a strategy of “last resort.”

A boycott launched by Target shoppers unhappy with its DEI retreat has added to the retailer's sales headaches, prompting CEO Brian Cornell to announce sweeping changes Wednesday.

On May 21, TD Cowen analyst Oliver Chen continued his cautious view on Target Corp. (NYSE: TGT) with a Hold rating. With his new earnings estimates, the analyst derived a price target of $105, down from his earlier target of $140.

The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty over tariffs, and shopper backlash against the company’s decision to halt diversity initiatives.

Target Corp., facing financial headwinds and pushback over its diversity, equity, and inclusion initiatives, has dismissed two executives who have backed DEI efforts, including a chief legal and compliance officer it hired nine months ago.

Target Corporation (NYSE:TGT) traded lower in early trading on Wednesday after posting weaker-than-anticipated Q1 results and lowering its full-year guidance. The Minneapolis-based retail giant reported comparable sales decreased 3.

Wall Street’s enthusiasm for Target Corp. is at its lowest in six years, as disappointing earnings from the big-box retailer spur a series of analyst downgrades.