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Target reports Q1 earnings amid CEO-led turnaround and consumer challenges.

Company Fundamentals
20 May 2026
CNBC
View Source
Neutral
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Target is set to report its fiscal first-quarter earnings as CEO Michael Fiddelke leads a turnaround effort amid ongoing sales slumps and consumer uncertainty due to rising gas prices and economic concerns. Analysts expect earnings per share of $1.46 and revenue of $24.64 billion. Despite flat annual sales over four years and a 40% stock decline in five years, Target is investing heavily in its supply chain and stores, including appointing a former Walmart executive as chief supply chain officer, aiming to boost growth and reverse declining customer traffic.

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