Target cut its full-year sales outlook, warning tariffs could weigh on results, while Walmart maintained its guidance but flagged potential price hikes.
Jerry Storch, CEO of Storch Advisors and former CEO of Toys R Us and Hudson’s Bay, joins Morning Brief to explain why Target’s strategy is off track and why Walmart is pulling ahead.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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