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Posted by
Two Blokes Jun 25 -
Filed in
Stock
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2 views
Target (TGT 1.04%) has delivered a fantastic long-term growth story, increasing annual revenue by about $30 billion over the past five years. However, in recent times, Target has failed to keep the growth momentum going as shoppers have watched their budgets, favoring essentials instead of higher-margin discretionary items; as theft from stores has taken a toll; as tariffs have raised prices; and as people have stayed away due to the company's reversing diversity, equity, and inclusion (DEI) efforts.
