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Stockreport

Target CEO Cornell Steps Down As Sales Continue To Fall [Forbes]

Costco Wholesale Corporation (COST)  More Company Research Source: Forbes
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
third consecutive quarter amid backlash over its reversal of diversity, equity and inclusion policies. Key Facts In a , the company said Cornell will step down as CEO and “transition to the role of executive chair of the Board of Directors” starting February 1, 2026. The retailer said its Board of Directors unanimously picked COO Michael Fiddelke, a 20-year veteran at Target, as Cornell's successor. The announcement was made alongside Target's Q2 2025 earnings release, where the company reported a 0.9% drop in sales compared to the same three-month period last year. After the announcement and earnings report, the company's shares slid more than 10.5% to $94.2 in premarket trading Wednesday. What Did The Company Say In Its Earnings Release? The company net sales of $25.2 billion for the three month period ending on August 2, 2025. Despite reporting a drop compared to Q2 2024, the company managed to beat Wall Street's earnings and sales expectations and said it outlook for [Read more]
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Stockreport

Target CEO Cornell Steps Down As Sales Continue To Fall [Forbes]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Forbes
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
third consecutive quarter amid backlash over its reversal of diversity, equity and inclusion policies. Key Facts In a , the company said Cornell will step down as CEO and “transition to the role of executive chair of the Board of Directors” starting February 1, 2026. The retailer said its Board of Directors unanimously picked COO Michael Fiddelke, a 20-year veteran at Target, as Cornell's successor. The announcement was made alongside Target's Q2 2025 earnings release, where the company reported a 0.9% drop in sales compared to the same three-month period last year. After the announcement and earnings report, the company's shares slid more than 10.5% to $94.2 in premarket trading Wednesday. What Did The Company Say In Its Earnings Release? The company net sales of $25.2 billion for the three month period ending on August 2, 2025. Despite reporting a drop compared to Q2 2024, the company managed to beat Wall Street's earnings and sales expectations and said it outlook for [Read more]
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LAST PRICE AT
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Multi-day stock performance from the time of the news release
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%
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