Target (TGT) Q2 Earnings Preview: Macro Pressures Weigh on Retailer
Target Corporation faces a pivotal moment as it prepares to report second-quarter earnings amid mounting challenges. The big-box retailer's stock has tumbled 22.4% year-to-date, reflecting investor concerns about weakening consumer spending, tariff impacts, and competitive pressures. A controversial retreat from diversity initiatives has further clouded the outlook.
Wall Street anticipates disappointing results, with consensus estimates pointing to a 21% year-over-year earnings decline and 2% revenue drop. Analysts maintain cautious ratings, with Telsey Advisory Group projecting continued comparable sales declines through fiscal 2025. The earnings report comes as retailers across the sector grapple with shifting consumer behavior and economic headwinds.
