Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall |
May 19, 2022 | May 2022 Bond Updates |
“Inflation always hits the lower-income cohorts hardest and first,” and the latest retail results show how that's playing out, one expert says. |
View more at: https://www.forbes.com/sites/jonathanponciano/2022/05/18/target-stock-plunge-wipes-25-billion-as-inflation-squeezes-customers-and-sends-costs-soaring-spurring-dramatic-earnings-shortfall/ |
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