Posted on 09/30/2016 6:15:24 AM PDT by Zakeet
Within a month after the misguided policy, the company's market cap had already declined by $9 billion compared to where it should have been had Target kept its pre-April 19 correlation with its primary competitors, Walmart (WMT) and Costco (COST).
By late May, the market cap hit reached $10.5 billion. As of the second week of June, the loss was $11 billion.
Second-quarter earnings data are now out, showing that Target's earnings plummeted nearly 10%, with projected lower sales estimates for the remainder of 2016. Net sales declined more than 7% from the same period year over year.
Corporate executives are leaving in droves. Just 10% of the most senior executives in place two years ago remain with the company, including two major losses during the past month.
Had Target's market cap continued to follow close pace with Walmart, as it had done in the months before the bathroom policy was implemented, it would have increased 1% compared to its value on April 19 of this year. Instead, Target’s market cap is now down 23.3% over this time frame.
(Excerpt) Read more at americanthinker.com ...
Starbucks.
And now it’s time for everyone to say goodbye to Wells Fargo.
2ndvote.com does a good job rating companies. User friendly site.
Best news for them is that once all of their properties are empty buildings, fruits will be able to go to the bathroom anywhere they want.
Best news for them is that once all of their properties are empty buildings, fruits will be able to go to the bathroom anywhere they want.
About replacements for Google and Starbucks: I use duckduckgo.com for searches and occasionally yahoo. Wendy’s restaurants are a smart alternative to Starbucks, coffee is a buck and is tasty, free wifi, clean environment, and no hipster cashiers to deal with.
I still go into both Target and Starbucks but it is just to use the restroom. P*ss on them!
CREEPY!
Had Target's market cap continued to follow close pace with Walmart, as it had done in the months before the bathroom policy was implemented, it would have increased 1% compared to its value on April 19 of this year. Instead, Target’s market cap is now down 23.3% over this time frame.
That is unsustainable.
Thank you.
That’s true — Target and Macy’s are quite weak in the chainsaw and welder markets.
Bump
Android?
And yet this guy is still there?
Guess the stockholders aren’t that upset.
Yes, of course Android is the OS to choose for mobile devices. Thanks for mentioning that. I was thinking mainly of PCs.
Thanks, I’ll check it out. I don’t do much shopping any more beside the grocery store. I refuse to go to the mall, it’s a 2 hr round trip for me. And the noise is overwhelming, the hearing aids have to come out, you can’t just turn them down. So I use Amazon for things I just have to have. Or get sent to Lowe’s for something I can take a weird part and get it matched. If hubby wants a auto item he knows not to send me, since Radio Shack is mostly defunct he orders his electronic stuff on line now. LOL
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