Target said reactions to its DEI moves have adversely impacted sales, and protesters say they're not yet satisfied with the company's response.

Target said reaction to the rollback of its diversity, equity and inclusion efforts was a headwind in the first quarter.

As tariffs rattle retailers in the U.S., Target Corp. (NYSE: TGT) is showing how years of quiet supply chain maneuvering can pay off.

The discounter announced on Wednesday that sales fell more than expected in the first quarter, and the retailer warned they will slip for all of 2025 year as its customers, worried over the impact of tariffs and the economy, pull back on spending.

The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty over tariffs, and shopper backlash against the company’s decision to halt diversity initiatives.

The past few years of cost-of-living increases, which have forced many shoppers to focus on the basics, have shifted that narrative for Target.

As Target Corp. looks to rebound from a disappointing quarter, it's turning to a top executive to lead a new efficiency venture. But it's not its CEO — at least not its current one.

Q1 2025 Earnings Call Transcript May 21, 2025 Target Corporation misses on earnings expectations. Reported EPS is $1.3 EPS, expectations were $1.56. Operator: Ladies and gentlemen, thank you for standing by.