- (PLX AI) - Target planning additional markdowns, removing excess inventory and canceling orders.
- • Target planning for continued strength in frequency categories like Food & Beverage, Household Essentials and Beauty
- • Target planning more conservatively in discretionary categories like Home
- • Target now expects its second-quarter operating margin rate will be in a range around 2%
- • Target continues to expect full-year revenue growth in the low- to mid-single digit range
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