Target sees near-term profit squeeze from tariffs, cautious spending |

Target's forecast full-year comparable sales below estimates on Tuesday after a discount-driven holiday quarter results beat, and said uncertainty around tariffs as well as consumer spending would weigh on first-quarter profits.

The company joined bellwether Walmart, as well as electronics retailer Best Buy in raising caution about their expectations for the year as sticky inflation and tariffs on imports implemented by President Donald Trump reduce demand.

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Target sees near-term profit squeeze from tariffs, cautious spending

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