Target missed analysts’ sales expectations by nearly half a billion dollars in the aftermath of DEI-related boycotts
Target’s had a…we have to say it…target on its back since it rolled back its DEI initiatives, triggering a social media boycott and 11 straight weeks of declining foot traffic as of April 22. And now the company has missed the earnings bull’s-eye. On Wednesday, Target announced on an earnings call that it earned $23.85 billion in revenue, missing … Read more