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Stockreport

Target's CEO is stepping down as sales continue to plunge [CNN]

Costco Wholesale Corporation (COST)  More Company Research Source: CNN
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Cornell's departure was widely expected. Some industry analysts believed Target should bring in an outside voice to lead the company, but it opted for an internal candidate: Cornell will be replaced on February 1, 2026, by Michael Fiddelke, Target's current chief operating officer. Fiddelke has been at the company for 20 years. Cornell took over in 2014 and revitalized Target. He oversaw a strategy to remodel stores and strengthen the chain's online business to compete with Amazon. But Target has been in a deep slump for years, a result largely of its own strategic missteps. The company has also struggled as customers have purchased less of its home goods and clothing, and Target has faced intense competition from Walmart, Amazon and Costco. Target on Wednesday reported sales fell for the third-straight quarter. Shares fell 8% in premarket trading. Target's ( TGT ) stock is among the worst performing companies in the S&P 500 this year. This is a breaking news story and will b [Read more]

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Stockreport

Target's CEO is stepping down as sales continue to plunge [CNN]

Costco Wholesale Corporation  (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Cornell's departure was widely expected. Some industry analysts believed Target should bring in an outside voice to lead the company, but it opted for an internal candidate: Cornell will be replaced on February 1, 2026, by Michael Fiddelke, Target's current chief operating officer. Fiddelke has been at the company for 20 years. Cornell took over in 2014 and revitalized Target. He oversaw a strategy to remodel stores and strengthen the chain's online business to compete with Amazon. But Target has been in a deep slump for years, a result largely of its own strategic missteps. The company has also struggled as customers have purchased less of its home goods and clothing, and Target has faced intense competition from Walmart, Amazon and Costco. Target on Wednesday reported sales fell for the third-straight quarter. Shares fell 8% in premarket trading. Target's ( TGT ) stock is among the worst performing companies in the S&P 500 this year. This is a breaking news story and will b [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