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Target may have hit rock bottom

<i>David Paul Morris/Bloomberg/Getty Images via CNN Newsource</i><br/>Target has had a rough 2025.
David Paul Morris/Bloomberg/Getty Images via CNN Newsource
Target has had a rough 2025.
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Published 5:51 am

By Nathaniel Meyersohn, CNN

New York (CNN) — Target’s problems are intensifying.

In the latest signal of trouble at the struggling company, Target posted another drop in sales during its latest quarter and cut its full-year profit guidance Wednesday.

Target’s stock slipped 1% during pre-market trading. Heading into Wednesday, shares had tumbled roughly 35% this year.

This is a breaking news story and will be updated.

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