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Stockreport

Target names insider Fiddelke as CEO to guide turnaround [BNN Bloomberg (Canada)]

Costco Wholesale Corporation (COST)  More Company Research Source: BNN Bloomberg
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
“My number one goal is to get us back to growth,” said Fiddelke, a 20-year company veteran most recently serving as chief operating officer. Fiddelke will succeed long-time top boss Brian Cornell. Fiddelke's remarks came during a media call following Target's second-quarter earnings report, where it stuck to its annual forecasts. The company's stock fell 10 per cent in premarket trading, pointing to the challenges Fiddelke faces. “Given the many challenges TGT has faced over the last several years, it's not surprising that investors were leaning towards an external hire,” said Steven Shemesh, analyst at RBC Capital Markets. “In either case, however, TGT faces a steep uphill battle to bridge the gap with competitors in an increasingly digital world.” Target has struggled with merchandise missteps, retail crime, and inventory management. Over the past year it has faced challenges in maintaining steady sales growth, and its pullback on diversity, equity and inclusion policies (D [Read more]
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Stockreport

Target names insider Fiddelke as CEO to guide turnaround [BNN Bloomberg (Canada)]

Costco Wholesale Corporation  (COST) 
More Company Research Source: BNN Bloomberg
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
“My number one goal is to get us back to growth,” said Fiddelke, a 20-year company veteran most recently serving as chief operating officer. Fiddelke will succeed long-time top boss Brian Cornell. Fiddelke's remarks came during a media call following Target's second-quarter earnings report, where it stuck to its annual forecasts. The company's stock fell 10 per cent in premarket trading, pointing to the challenges Fiddelke faces. “Given the many challenges TGT has faced over the last several years, it's not surprising that investors were leaning towards an external hire,” said Steven Shemesh, analyst at RBC Capital Markets. “In either case, however, TGT faces a steep uphill battle to bridge the gap with competitors in an increasingly digital world.” Target has struggled with merchandise missteps, retail crime, and inventory management. Over the past year it has faced challenges in maintaining steady sales growth, and its pullback on diversity, equity and inclusion policies (D [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS