Posted on 05/20/2016 6:35:38 PM PDT by Sir Napsalot
CNBC’s Jim Cramer, host of “Mad Money,” said in an interview with TheStreet, Inc. that Target’s first quarter earnings report “stung.”
Cramer said he had originally thought Target would be impervious to the effects Amazon has had on retailers and added Target has now “confused itself.”
“I got to fall on my sword here,” Cramer said. “I thought that Target under Brian Cornell had made it so he was less Amazon-able and less worried about the consumer. The mix was not good. Apparel was not good, electronics not good; the guidance — horrendous. You know, we’ve been having such a good earning season … so it really stung.
(Excerpt) Read more at breitbart.com ...
What bathroom/changing room policy? We don't need no stink'n bathroom policy
The next stockholder’s meeting should be a real hoot!
Amazon had nothing to do with it, moron!
the climate of the bathrooms maybe
According to this report here’s another reason to boycott Target
Cramer is in the woods with this one- total denial
Happened too late. Wouldn’t have impacted the first quarter.
OK, you are right.
Need to wait for the second quarter earnings report.
Wondering if Target is an advertiser on the network and has influenced what Cramer says about them.
But climate change doesn’t explain why others like Walgreens or Costco doing well in the same time.
So Cramer will rate them a “Buy” because of all the trannies flocking to their stores”
I guess trannies don’t spend as much as families...
6 billion down since april 19.
Keep talking target.
We needs to take bets on how much stock price tanks when the board finally fires their idiot ceo and reverses policy. How many bilions will they have lost before dumping the idiot ceo.
Place your guess.
Yeah, he’ll press that “buybuybuy”! button and it’ll say “byebyebye”! instead. Cramer is full of himself.
While Obozo is out golfing...
8 years ago, a daughter of close friends got married.
She was a middle management person with Target, and she worked in their home office in Mn..
A very large contingent of home office peers flew out for the wedding.
They were an incredible group of spoiled brats posing as adults. If you were not pro Obama, they treated you like pond scum.
This could be the one case where if someone said "This has nothing to do with Islam" it might actually be true. :)
Target is a meld of several concepts like Wal-Mart departments, Costco cheap food bar and pizza, upscale Starbucks, a bit of Best Buy-like electronics, some perishables like a grocery, and middle of the road designer apparel one might find in mall boutiques.
The real problem: Target has no convincing reason for customers to enter the store. In fact, the bathroom policy just solidified a major reason to avoid Target.
It was because the groundhog did not see his shadow.
Or it was the blue moon.
Or it was the red moon.
Or Rapunzel let down her hair and sales dropped as they followed he hair dropping.
Or maybe the seven dwarfs had something to do with it.
“The real problem: Target has no convincing reason for customers to enter the store.”
Exactly. Which is why I guess I never feel it worthwhile to attempt to shop there. I buy most of my basic food,paper goods, and clothes at Costo, specialty food items at Safeway and King Soopers (Kroger-owned), hardware at Ace, building supplies at Home Depot and Lowes, and pretty much everything else online, with much of it coming from Amazon. Though for expensive items, I now go elsewhere since Amazon started needlessly charging sales tax for Colorado. Now I buy mostly items under $100.00 at Amazon, whereas before I bought thousands of dollars of goods from amazon every year for my business. Now I’ve shifted to newegg and provantage for most things.
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