HomeMarketsEarningsTJX Soars, TGT Stumbles: Retail Earnings Highlight Tariff & Leadership Challenges

TJX Soars, TGT Stumbles: Retail Earnings Highlight Tariff & Leadership Challenges

Retailers delivered a mixed bag of earnings today, with TJX Companies (TJX) hitting a record high while Target (TGT) tumbled to 2-month lows and announced a change at the top. Brian Gildenberg breaks down the results. Gildenberg says TJX's off-price model has helped it navigate tariff-related headwinds, and expects the retailer to continue capitalizing on industry uncertainty. Meanwhile, Target's new CEO faces an uphill battle in restoring investor confidence, and Gildenberg says the company needs to clearly articulate its path forward. Looking ahead, all eyes are on Walmart (WMT), which reports earnings next week.

Market On Close

20 Aug 2025

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