Target Forecasts Flat Sales
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tariff uncertaintyReuters
•Business
Business & Economics
Target sees near-term profit squeeze from tariffs, cautious spending

83% Informative
Target joins retail bellwether Walmart in raising caution about its expectations for the year .
The Minneapolis -based retailer expects full-year comparable sales to be about flat in the year through January 2026 .
The disappointing outlook may reflect the mood of shoppers who in January pulled back spending far more than expected.
Foot traffic at Target stores dropped 6.1% on average from the week of January 27 through February 23 .
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