The "biggest challenges" Target is hearing about from its shoppers are "inflation in food and household essentials," chairman and CEOHe went on to say sales trends are "normalizing" in categories where inflation has eased.
As a result of the store sales slump, Target CFO Michael Fiddelke says the company is planning the business "conservatively" for the balance of the year.Inventory fell 7% from the prior year. Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.-based TMTG — which says it is a “safe harbor for free expression amid increasingly harsh censorship …RICHMOND, B.C.
Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cutMeme stocks, which are trading largely divorced from company fundamentals, have seen a resurgence last week when social media user Roaring Kitty posted for the first time in years.