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Stock impact report

Target CEO has message customers will love [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Slowing sales, shifting consumer behavior, and internal missteps have weighed on Target's performance — and shaken confidence among shoppers and investors alike. The numbers tell a lot of the story. In its most recent earnings report , Target posted a 1.5% drop in quarterly revenue to $30.5 billion, while comparable sales fell 2.5% during the critical holiday quarter. That financial strain has coincided with a more intangible challenge: a loss of connection with the company's core customers. New CEO Michael Fiddelke has acknowledged that the company has struggled to clearly define its identity, contributing to declining trust among shoppers. "We weren't clear enough about who we are as a company," Fiddelke said during his first town hall, as reported by Reuters Against that backdrop, Fiddelke is now laying out a path forward to regain customers' trust. Target CEO shares a message customers will welcome Fiddelke knows that as CEO of Target, he has his work cut out for hi Show less Read more
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