Jon Quast
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Appearances Over Time
Podcast Appearances
And maybe it works.
Maybe it does work.
Maybe this is the correct direction for the company.
But it does sound like, hey, we're going to keep moving forward in futility here.
So, yeah, I understand why the market doubts it.
Now, I am a broken record, and I'll say it again.
I do believe that the company has a path forward to driving sales growth and improving its profit margins, specifically its digital businesses.
the third-party marketplace that it is curating, its digital advertising.
These are things that are growing at Target, and they do have the potential to help out the financials of the company.
However, they are predicated on the
stabilization of the core retail operations.
It is very important that Target gets it figured out, stabilizes that.
They're in a weird place in the mindshare of the consumer.
Are we upscale?
Are we discount?
Nobody knows.
There are some things to work out.
I don't necessarily feel like it made the best choices here right now, but it's not a lost cause.
Yeah, I think it can.
And I think that the target stock price has already hit its low point.