Target CEO warns of price hikes on produce in coming days following Mexico tariffs
1. Tariffs on Mexican produce will raise prices at Target soon. 2. Target warns of first-quarter profit pressure due to tariffs. 3. Consumer foot traffic declined 6.1% from late January to February. 4. Comparable sales for the recent quarter rose 1.5%, outperforming expectations. 5. Target projects flat sales growth, below analyst expectations for 2026.