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Target Corporation, CEO Change and Stock Sinks

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 second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.

Investopedia on MSN · 15h

Target Stock Sinks as Retailer Replaces CEO With Company Veteran

Key Takeaways Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.Fiddelke was instrumental in the struggling retailer's efforts to reshape how it operates.

Barron's on MSN · 16h

Target Stock Tumbles. Why a CEO Change Is Overshadowing an Earnings Beat.

Target reported stronger-than-expected second-quarter earnings Wednesday, but that may not matter much to investors, who finally know who the retailer’s next chief executive is going to be. Target announced that longtime veteran and current Chief Operating Officer Michael Fiddelke will succeed CEO Brian Cornell on Feb.

Target names Michael Fiddelke CEO

The Boston Globe · 6h

Target CEO to step down amid company struggles

Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.

CBS News on MSN · 5h

Target CEO Brian Cornell will step down in February, COO Michael Fiddelke will take his place

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

The Economic Times on MSN · 14h

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.

18h

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 ...

16h

TGT stock price: Why are Target shares dropping today—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced ...

11h

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 ...

13h

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 ...

MEAT+POULTRY11h

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 ...

17h

Target shares tumble as CEO transition announced amid sales decline

Target Corporation shares fell over 10% premarket on Wednesday after the retailer its new CEO while also reporting second quarter earnings that narrowly beat estimates but showed continuing sales ...

11h

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 ...

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