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Retail Performance

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business6 months ago

Target's Q2 Earnings Decline Amid Ongoing Challenges

Target reported a slight decline in Q2 sales but showed signs of recovery with improved store traffic and digital sales growth. The company appointed Michael Fiddelke as the new CEO, and despite lower earnings per share compared to last year, it maintained its full-year guidance, focusing on disciplined cost management and strategic growth as it approaches the holiday season.