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Target Corporation, CEO Change and Stock Sinks

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.

Investopedia on MSN · 17h

Target Stock Sinks as Retailer Replaces CEO With Company Veteran

Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.

Barron's on MSN · 17h

Target Stock Tumbles. Why a CEO Change Is Overshadowing an Earnings Beat.

Target reported stronger-than-expected second-quarter earnings Wednesday, but that may not matter much to investors, who finally know who the retailer’s next chief executive is going to be. Target announced that longtime veteran and current Chief Operating Officer Michael Fiddelke will succeed CEO Brian Cornell on Feb.

Target Shares Tumble

Bloomberg · 20h

Target Picks Insider as CEO to Lead Turnaround; Shares Drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

Wall Street Journal · 16h

Target Shares Tumble After Retailer Names a Lifer to Steer Its Turnaround

The chief operating officer, who will take the top job in February, said the retailer needs to revive its focus on stylish merchandise.

MarketWatch · 19h

Target Shares Tumble After Posting Another Quarter of Falling Sales

Shares of Target fell after the company posted its 11th consecutive quarter of flat or falling sales. The stock sank 9.1% to $95.80 in premarket trading Wednesday. Through Tuesday's close, shares have lost more than a quarter of their value over the past year.

Minneapolis-based Target names new CEO

The Associated Press on MSN · 5h

Target CEO to step down amid company struggles

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

The Economic Times on MSN · 15h

Target Corporation shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take charge from Feb 1, 2026

Target Corporation shares tumbled 11% after COO Michael Fiddelke was named CEO, succeeding Brian Cornell. The leadership shift comes amid weak sales, customer churn, and operational challenges. Cornell will transition to executive chair effective February 2026.

USA Today · 7h

Minneapolis-based Target names new CEO as Brian Cornell steps down after 10 years

Target CEO Brian Cornell announced he will step down from the position. Here’s what to know about one of Minneapolis’ top employers.

18h

TGT stock price: Why are Target shares dropping—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced ...

14h

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer ...

theshelbyreport11h

Fiddelke To Succeed Cornell As Target CEO

Target Corp. and its board of directors has elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as ...

13h

Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian ...

14h

Target CEO Shakeup May Breathe Fresh Life Into Target

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new ...

8hon MSN

As CEO, Michael Fiddelke wants to 'reclaim' Target's merchandising authority

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the ...

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