Retail Earnings Tracker: Target Sales Fall Again As It Warns Of Tariff Uncertainty, Lowe's Beats Expectations
Topline Target posted another quarter of declining sales Wednesday, but not as steep as their first quarter sales drop, as the big box retailer struggles to recover after facing consumer backlash and tariff pressure—while Lowe's beat expectations for earnings and sales as it reached a deal to acquire a construction materials supplier for professional builders. Big box retailers including Lowe's, Home Depot and Walmart release earnings this week, which could indicate the impact of tariffs on spending. Getty ...