Target, a big store, stopped giving its profit predictions for each three-month period (quarter). They said it's too hard to guess because of changing things like the weather and new taxes (tariffs).
- Target won't predict profits each quarter anymore.
- New taxes and unpredictable weather make it hard to guess profits.
- Target's competitors, Walmart and Amazon, still give quarterly predictions.
- Target lowered its long-term profit growth prediction.
| Thing | Detail |
|---|---|
| Reason for change | Unpredictable weather and new taxes |
| Competitors | Walmart and Amazon |
| Target's long-term profit growth | Lowered |
