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How is the economy playing a role in what's going on at Target?

How is the economy playing a role in what's going on at Target?

Target's investors didn't seem to be aware of how bad the company's problems were. Until late last month, when the company reported financial results.

Target's investors didn't seem to be aware of how bad the company's problems were. Until late last month, when the company reported financial results.

Target's investors didn't seem to be aware of how bad the company's problems were. Until late last month, when the company reported financial results.

And so had Costco and Amazon, too. But Target...

And so had Costco and Amazon, too. But Target...

And so had Costco and Amazon, too. But Target...

Welcome back. Shares of Target are plunging today, having their worst day since May 2022. That's after the company posted its biggest earnings miss in two years and cut guidance.

Welcome back. Shares of Target are plunging today, having their worst day since May 2022. That's after the company posted its biggest earnings miss in two years and cut guidance.

Welcome back. Shares of Target are plunging today, having their worst day since May 2022. That's after the company posted its biggest earnings miss in two years and cut guidance.

The company said there was some good news in the results. For instance, it said the number of people visiting its stores in the last quarter increased, and that customer surveys showed people are enjoying shopping there more. Target's CEO said the company was facing some, quote, short-term headwinds, that over time, Target would turn things around. Coming up, how can Target turn things around?

The company said there was some good news in the results. For instance, it said the number of people visiting its stores in the last quarter increased, and that customer surveys showed people are enjoying shopping there more. Target's CEO said the company was facing some, quote, short-term headwinds, that over time, Target would turn things around. Coming up, how can Target turn things around?

The company said there was some good news in the results. For instance, it said the number of people visiting its stores in the last quarter increased, and that customer surveys showed people are enjoying shopping there more. Target's CEO said the company was facing some, quote, short-term headwinds, that over time, Target would turn things around. Coming up, how can Target turn things around?

After last month's earnings report, Target's CEO, Brian Cornell, said the company needed to double down on what it does well, selling affordable, slightly upmarket products.

After last month's earnings report, Target's CEO, Brian Cornell, said the company needed to double down on what it does well, selling affordable, slightly upmarket products.

After last month's earnings report, Target's CEO, Brian Cornell, said the company needed to double down on what it does well, selling affordable, slightly upmarket products.

But Sarah says that target executives have debated whether more drastic moves might be necessary.

But Sarah says that target executives have debated whether more drastic moves might be necessary.

But Sarah says that target executives have debated whether more drastic moves might be necessary.