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Target’s stock drops

Target Stock Tumbles. Why a CEO Change Is Overshadowing an Earnings Beat.

Target also reiterated fiscal-year guidance. It continues to expect a low-single digit decline in sales, while adjusted earnings per share will range from $7 to $9. Consensus estimates call for a roughly 1.5% drop in sales and adjusted earnings of $7.28 a share.

Forbes · 20h

As Target Names New CEO, Stock Tumbles 10% As DEI Hit And Tariffs Drag On Sales

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their DEI pullback & tariffs are dragging on sales

MarketWatch · 8h

Target’s stock drops as longtime CEO Brian Cornell’s planned departure overshadows an earnings beat

Wednesday, after the discount retailer said it was replacing for Chief Executive Brian Cornell, who has been in charge for the past 11 years, with current Chief Operating Officer Michael Fiddelke, effective Feb.

Target Picks Insider

Fast Company · 22h

TGT stock price: Why are Target shares dropping—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced that its current CEO, Brian Cornell, will be stepping down from the role in February 2026. On February 1, its new CEO, Michael Fiddelke, will take the reins. Cornell has been Target’s CEO since 2014.

Bloomberg L.P. · 6h

Target Picks Insider as CEO to Lead Turnaround; Shares Drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

NBC News · 12h

Target shares tumble as retailer picks new CEO

Aug. 20, 2025 Get more news

17hon MSN

Why stock market is down today. Latest on Target, Amazon and other stocks

The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO ...

StockStory.org on MSN17h

Why Target (TGT) Stock Is Falling Today

What Happened? Shares of general merchandise retailer Target (NYSE:TGT) fell 7.6% in the afternoon session after the company ...

19hon MSN

Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

Target reported yet another quarter of weak financial results, with comparable sales down 1.9%, and the cheap-chic retailer ...

14hon MSN

Why Target Plunged Today

Better-than-feared earnings weren't enough to offset pessimism over CEO Brian Cornell's retirement and replacement with an ...

19h

Stock Market Today: Nasdaq Falls Further; Investors Dig Into Retail Earnings

President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and ...

22hon MSN

Stock Market Today: Target's new man at the top

Good morning. This is TheStreet's Stock Market Today for Aug. 20, 2025. The stock market is now open. At last look, the indexes are near session lows. The Dow (-0.26%), which started the day in the ...

22h

Stock market today: Dow, S&P 500, Nasdaq futures steady after Target earnings with Fed minutes on deck

US stock futures steadied on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings ...

20h

Stock Market Today: Investors Dig Into Retail Earnings

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