Target, a big store like Walmart, had good news and bad news this week! They sold more stuff than expected during the holidays, especially clothes and home things. But, they're worried about something called tariffs, which are like extra taxes on things imported from other countries, like China. These tariffs make things more expensive.
- Target's sales were a little lower than last year, even though they beat expectations for the holiday season.
- They are worried about new tariffs that could hurt their profits this year.
- Target's stock price went down because of the bad news.
Item | Number/Percentage |
---|---|
Target's Q4 sales | -$30.9 billion (down 3.1%) |
Target's Q4 earnings per share | $2.41 (down 19%) |
Target's stock price change (year-to-date) | -9% |
Target's stock price change (past year) | -21% |