Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.

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.

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian Cornell is stepping down next year, to be replaced by the company’s Chief Operating Officer Michael Fiddelke.

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently chief operating officer of the retailer and will succeed Brian Cornell, who will transition to executive chair of the board of directors.

We recently published 12 Latest Stocks On Jim Cramer’s Radar. Target Corporation (NYSE:TGT) is one of the stocks Jim Cramer recently discussed. Target Corporation (NYSE:TGT) is one of the largest retailers in America,

Target Corporation (NYSE:TGT) Q2 2025 Earnings Call Transcript August 20, 2025 Target Corporation beats earnings expectations. Reported EPS is $2.05, expectations were $2.04. Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Target ...

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new leadership. Click for more on TGT earnings.