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Target cuts gross sales outlook as store blames tariff uncertainty and backlash to DEI rollback

Global News Post — Wed, 21 May 2025 20:07:00 +0000

Target on Wednesday reduce its full-year gross sales outlook, as executives stated weaker discretionary spending, shopper uncertainty about price lists, and backlash to the corporate’s rollback of key variety, fairness and inclusion efforts harm its trade. First-quarter income and income neglected Wall Street’s expectancies as gross sales fell just about 3% in comparison with the year-ago duration. Transactions throughout …

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Lowe’s sticks by means of full-year forecast as gross sales from house execs spice up industry

Global News Post — Wed, 21 May 2025 10:47:00 +0000

Lowe’s on Wednesday stood by means of its full-year forecast, as rising gross sales amongst house execs helped offset slower call for from home made consumers. The house development store got here in simply shy of Wall Street’s expectancies for quarterly gross sales, however beat income estimates. Shares of Lowe’s rose just about 3% in …

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Home Depot CFO says store does not plan to lift costs because of price lists

Global News Post — Tue, 20 May 2025 15:09:00 +0000

Home Depot on Tuesday caught through its full-year gross sales forecast as a best govt instructed CNBC the store does not plan to hike costs on account of price lists. “Because of our scale, the great partnerships we have with our suppliers and productivity that we continue to drive in our business, we intend to …

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