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Target CEO Brian Cornell to step down

Associated Press News on MSN · 57m

Target CEO to step down amid company struggles

Target CEO Brian Cornell plans to step down Feb. 1. He helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape.

The Economic Times on MSN · 5h

Target Corporation shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take charge from Feb 1, 2026

Shares of Nasdaq listed Target Corporation plunged 11% in opening trade hitting a low of $94.15 after the company said that its board has unanimously elected Chief Operating Officer Michael Fiddelke to succeed Brian Cornell as Chief Executive Officer and become a member of its Board of Directors.

USA TODAY on MSN · 7h

Target CEO Brian Cornell to step down after 10 years, new CEO named

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014,

Target, Fiscal Q2

Seeking Alpha · 2h

Target Q2: Earnings Beat Overshadowed By CEO Transition

Target's Q2 earnings beat estimates, but profitability remains under pressure with declining margins and net income down over 20%. Click for my TGT update.

Target: Fiscal Q2 Earnings Snapshot

(TGT) on Wednesday reported fiscal second-quarter profit of $935 million. The Minneapolis-based company said it had net income of $2.05 per share. The results did not meet Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.

seattlepi.com · 7h

SQM: Q2 Earnings Snapshot

The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. The chemicals company posted revenue of $1.04 billion in the period, which beat Street forecasts.

3h

Target CEO Shakeup May Breathe Fresh Life Into Target

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new ...

3h

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer ...

2hon MSN

Target CEO to step down as sales remain sluggish

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant ...

1hon MSN

Target's Soon-to-Be New CEO Started as an Intern at the Company. Here's His 3-Part Turnaround Plan to 'Get Back to Profitable Growth.'

Target's Soon-to-Be New CEO Started as an Intern at the Company. Here's His 3-Part Turnaround Plan to 'Get Back to Profitable ...

1h

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported ...

2h

Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian ...

Retail giant Target Corp. taps new CEO

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently ...

5h

Target picks insider as CEO to lead turnaround; shares drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

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