Target slashes outlook after tariffs, DEI boycotts slam sales: ‘We're not satisfied with these results'
1. Target lowered full-year sales forecast after weak consumer spending. 2. Comparable sales fell 3.8%, disappointing expectations and raising doubts about leadership. 3. CEO cites headwinds including tariffs and consumer boycotts affecting sales. 4. Target's struggles highlight vulnerability compared to competitors like Walmart. 5. Leadership changes aim to address internal issues and drive growth.