Target reports reduced sales in Q4 with reduced consumer spending

March 5, 2025

Catenaa, Tuesday, March 04, 2025– Target reported reduced sales in the fourth quarter of 2024, the company reported on Tuesday, as sales fell by 3.1% from a year earlier with reduced consumer spending. Target’s sales fell to $ 30.91 billion from $ 31.9 billion, but that beat expectations. The net income of $1.1 billion, or $2.41 per […]

Target Stock Falls About 9% After CEO Replaced By Company Veteran

August 20, 2025

Catenaa, Wednesday, August 20, 2025- Target stock fell by about 9% on Wednesday as the struggling retailer replaced its CEO with a company veteran even as its business showed signs of improvement in the second quarter. Target announced that long-time employee Michael Fiddelke would be taking over for Brian Cornell on February 01, 2026. Cornell, […]

Walmart Profits Sour Despite Tariff Induced Retail Prices

August 21, 2025

Catenaa, Thursday, August 21, 2025- Walmart reported increased profits and sales for Q2 on Thursday as the retailer finds success in e-commerce despite a tariff-induced price-sensitive environment. The company said it earned $7.03 billion, or 88 cents per share, for the three months ended July 31. That compares with $4.50 billion, or 56 cents per […]