TJ Maxx, Target Execs Say They're Poised to Offset Nearly All the Impacts of Tariffs
1. TJX maintained its full-year forecast amidst tariff concerns, unlike Target. 2. Target adjusted its outlook due to expected low sales growth and tariff impacts. 3. Target’s adjusted EPS range is now $7 to $9, reflecting economic uncertainty. 4. Target aims to avoid price hikes but anticipates significant tariff pressures. 5. Consumer demand for discretionary items may decline due to trade policy changes.