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Sunday, May 22, 2016

Target Sales Drop Amid Transgender Promotion, Consumer Boycott, $10 Billion Stock Crash

Retail giant Target is losing sales and may be on track for another major stock-drop in the second quarter, analysts say, amid a growing boycott caused by the company’s transgender friendly policies.

The company’s second-quarter sales, from April to June, may drop as much as 2 percent compared to the prior year, executives told reporters and Wall Street analysts. That’s “horrendous,” said Jim Cramer, founder of the stock-market website, TheStreet.com.

The earnings prediction comes a month after the left-leaning company announced April 19 that it would allow men claiming to be women to use the women’s bathrooms and changing rooms at its stores. The decision has sparked a boycott petition effort that garnered over 1.2 million signers in only a week.

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14 comments:

  1. Good hope our boycott drops them to rock bottom

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  2. Love the spin from the company execs. They actually believe people believe that crap.

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  3. Does Target offer a discount to men purchasing women's panties?

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  4. You go Target...'Do the "right" thing and go out of business...go back to France!!!

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  5. I don't shop there anymore!

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  6. 11:31 - I don't think I ever shopped there!

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  7. hey 1019, ask jim ireton he can answer that

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  8. I won't shop there anymore.

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  9. Hit them where it hurts.

    There are more Conservatives with money than Progressives with Food Stamps...

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  10. Nothing says policy like the bottom line.

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  11. I have not been there since the beginning of their bathroom decision and I will never go back even if they decide to undo it. Peace out target

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  12. Don't really care if they go out of business, don't like them anyway, have only been there once or twice.

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  13. Great time to shop in Target. Great time. Prices are extremely low.

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