‘Woke’ Department Store’s Stock Price In Free Fall

The ongoing battle against “woke” corporations is nearing the three-year mark, and conservatives have their sights set on one department store that hasn’t learned its lesson after previously being called out.

Target Corp., the vanguard of Pride Month clothing for children, is entering a winter of discontent after badly missing its earning mark right before the holiday season, sending its stock tumbling while shareholders fret about a much-needed change in leadership. CNBC reported that Target’s stock slipped at the opening bell after the company reported third-quarter earnings of $1.85 per share, missing the $2.30 consensus among 29 analysts covering the company. The revenue was 19.6% lower than anticipated and led to a 21% slide in the company’s share price.

In response, Target’s leadership has slashed full-year guidance after raising it the previous quarter, Yahoo reported. Adding insult to injury, Walmart beat expectations on Wednesday, posting outperformances in quarterly same-store sales performance, online sales growth, and overall narrative to investors. Target has been cutting prices on everything from groceries to home goods in a bid to stave off the bleed.During a call with reporters, executives had little explanation for the slide other than to speculate that consumers are being “cautious” about their spending, a defense at odds with economic reports that consumer spending remains robust despite high costs. Target’s longtime Chairman and CEO Brian Cornell told Yahoo that supply chain disruptions played a role as warehouses overflowed with unsold inventory; still, he insisted, leadership has the “appropriate approach” for the holiday season, but is “guiding for some conservatism.”

VA

Related Posts

He died on November 3 2025, at 84, leaving behind a life that was as consequential as it was contested.

His family said the cause was complications from pneumonia and chronic heart and vascular disease. People.com+1Dick Cheney was born January 30 1941, in Lincoln, Nebraska, and grew…

My Son and Daughter-in-Law Forced Me Out of My Own Home — But Life Had a Way of Setting Things Right

I never thought my life would take such a painful turn, especially not at an age when most people seek peace, stability, and the comfort of familiar…

Georgia’s Heavenly Melted Toffee

This recipe creates a decadent, buttery toffee with a hint of sweetness and a delightful crunch from the nuts. It’s an ideal treat for any occasion. Unsalted…

3-Ingredient Cake Mix Cobbler

When it comes to desserts, nothing beats a recipe that is both simple and delicious. If you’re looking for a crowd-pleaser that requires minimal ingredients and effort, look no further…

Harvey Korman Actually Wet His Pants From Laughing During Tim Conway’s Legendary “Dentist” Sketch on The Carol Burnett Show.

Tim Conway and Harvey Korman created one of the most unforgettable comedy moments in TV history with The Carol Burnett Show’s classic sketch, “The Dentist.” What was…

Shocking moment Trump blasts female reported who asked about epstein file with savage 3 word remark

However, on the windy afternoon of November 14, 2025, the noise of Air Force One was not enough to drown out a moment of sharp, vitriolic confrontation…

Leave a Reply

Your email address will not be published. Required fields are marked *