Leadership Restructuring - Target Corporation is reshaping its leadership structure under new CEO Michael Fiddelke, focusing on faster execution, clearer accountability, and a stronger merchandising backbone [1] - Cara Sylvester has been appointed as chief merchandising officer, consolidating merchandising responsibilities to enhance Target's authority in style and design [2] - Lisa Roath has been promoted to chief operating officer, overseeing the entire retail operation with an emphasis on improving speed and efficiency [3] - The reorganization includes senior departures, with chief commercial officer Rick Gomez exiting and executive Jill Sando retiring, while the company seeks a new chief guest experience and marketing officer [4] Financial Outlook - Target reaffirmed its financial outlook, expecting a low-single-digit decline in fourth-quarter sales, with adjusted earnings projected at $7.00-$8.00 per share and GAAP earnings anticipated at $7.70-$8.70 [5] - The leadership changes and steady guidance indicate that Target is laying the groundwork for a more disciplined and cohesive strategy [5] Market Performance - Target's shares have declined 8% over the past year, contrasting with the industry's growth of 8.6%, while Dollar General shares have surged by 102.6% [6] - Target's forward 12-month price-to-earnings ratio is 14.57, significantly lower than the industry's average of 33.38, and trading at a discount compared to Costco and Dollar General [7] Earnings Estimates - The Zacks Consensus Estimate for Target's fiscal 2025 earnings implies a year-over-year decline of 17.6%, while fiscal 2026 indicates a growth of 6.2% [11]

Core Insights - Target CEO Michael Fiddelke is reshuffling the leadership team shortly after taking over, indicating a strategic shift to address operational struggles [1] - The changes include the departure of Rick Gomez and retirement of Jill Sando, with Lisa Roath becoming the new COO and Cara Sylvester taking over as chief merchandising officer [1] - Fiddelke emphasizes the need for speed in executing priorities to drive growth within the business [1] Leadership Changes - Rick Gomez, who managed inventory, will leave the company, while Jill Sando, chief merchandising officer since 1997, will retire [1] - Lisa Roath, previously overseeing food and essentials, will assume the role of COO [1] - Cara Sylvester, formerly chief guest experience officer, will become the chief merchandising officer [1] Operational Adjustments - Target is increasing investment in store staffing while eliminating approximately 500 jobs at distribution centers and regional offices [1] - The job cuts represent a small fraction of Target's total workforce, which exceeds 400,000 employees [1] - The leadership changes and staffing adjustments are part of a broader strategy to enhance operational efficiency and drive growth [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 10, 2026 Target Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) Minnesota 1-6049 41-0215170 (Commission File Number) (IRS Employer Identification No.) 1000 Nicollet Mall, Minneapolis, Minnesota 55403 (Address of principa ...

Core Insights - The article highlights consistent high-grade near-surface intervals at the Valley, including a significant interval of 347.6 meters at 1.0 g/t Au in geotechnical drilling, indicating potential for further mineralization outside the current mine plan [1] - A broad zone of lower-grade mineralization has been expanded along the eastern margin of the Valley intrusion, suggesting the possibility of discovering additional higher-grade areas in untested regions [1] - The discovery of a new mineralized zone named "Crossroad" on the Cynthia Project has been reported, with selective grab samples showing values up to 14.1 g/t Au and 3.5 kg/t Ag along a 5 km structural corridor [1] - Five regional drill targets have been tested, providing essential geological data that will support focused drill programs and exploration efforts in the upcoming 2026 field program [1]

The SPAC is a vehicle for a pure-play quantum company.Special purpose acquisition company (SPAC) Churchill Capital Corp X (CCCX +15.14%) was special to investors on Tuesday. The business set to merge into it (a trendy way to go public) reported some very encouraging news, leading investors to load up on the SPAC. Its price closed the day 15% higher.A SPAC in spaceThe company maneuvering to park itself into Churchill Capital is Infleqtion, which has attracted notice as a differentiated, pure-play quantum com ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]

Core Insights - Target is streamlining its retail model by increasing investment in frontline store employees while cutting approximately 500 office and supply chain jobs [1][2] - The company plans to reduce the number of store districts to allocate more payroll for additional labor and guest experience training [1][5] - Target's new CEO, Michael Fiddelke, aims to lead a turnaround amid declining sales and has announced significant corporate layoffs [6][7] Group 1: Layoff and Job Impact - The layoffs will affect around 100 employees at the store district level and about 400 in the supply chain [2] - The company has communicated the changes to affected team members and will provide support during the transition [2] Group 2: Investment in Employees and Operations - Target is focusing on increasing payroll in stores to enhance labor hours and improve guest experience training for all team members [5] - The starting pay for workers will remain unchanged, although the specific amount of investment in stores has not been disclosed [5] Group 3: Leadership and Strategic Direction - Michael Fiddelke has prioritized improving the merchandise mix and enhancing both physical stores and the online shopping experience [8] - The company plans to leverage technology to streamline operations and personalize customer experiences, emphasizing growth as a top priority [11]

Core Insights - Retail sales data for December showed flat consumer spending, down from a 0.6% increase in November, and missing analysts' expectations of a 0.4% rise [1] Group 1: Company Performance - Target Corp (TGT) shares fell 1.6% to $113.72 after reaching a high not seen since March, with the company announcing the elimination of 500 office and regional distribution roles to enhance store staffing and customer experience; TGT's stock has increased by 24% over the last three months [2] - Walmart Inc (WMT) shares decreased by 1.5% to $127.05, retreating from a record high of $131.79; WMT crossed the $1 trillion market cap earlier this month, with the $126 level acting as a support; the stock has risen by 32.5% in the last nine months [3] Group 2: Market Sentiment - Both TGT and WMT have attractively priced options, with their Schaeffer's Volatility Indexes (SVI) in the low 11th and 12th percentiles of their annual ranges, indicating low volatility expectations from options traders [4]

It's Tuesday morning for markets. I'm Yahoo Finance executive editor Brian Sazi coming to you from Yahoo Finance HQ in New York City. Before I welcome on my special guest for today and fire off hot takes on this Google 100-year bond sale and stale Coca-Cola earnings report.I can't stop thinking about my chat last night with Chipotle CEO Scott Boatite. Scott taking heavy fire on social media for comments people thought he made on last week's earnings call about raising prices on higher income diners. The thi ...

Target said two senior executives are departing as the beleaguered retailer reshuffles its leadership team and seeks a return to growth under new CEO Michael Fiddelke https://t.co/JCOgBGbNjA ...