Target dept store having Bud Light effects after Pride initiative

Wiggle_Piggy

Gold Member
Jul 20, 2023
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Target’s sales have declined after backlash to its Pride Month collection earlier this year, the company announced Wednesday.

1. quarterly sales down 5.4% (down for the first time in six years) compared to the same period last year.
2. Online sales down 10.5%
3. number of transactions down
4. average dollar amount of a transaction down
5. total revenue of $24.8 billionwas 4.9 percent lower than last year.
6. Stock down 20%


Looks like wokism has harmed another brand. I hope the stock holders are all ideological people who embrace less money from their investments in the name of their cause.
 
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