The target is on Target again ...

They are 1 month into the second quarter.. see the big “e” for estimate? That’s not data, that’s a projection.

 

From yesterday's filings

Brian Craig
v.
Target Corp.; Brian C. Cornell; David P. Abney; Douglas M. Baker, Jr; George S. Barrett; Gail K Boudreaux; Robert L. Edwards; Melanie L. Healey; Donald R Knauss; Christine A. Leahy; Monica C. Lozano; Grace Puma; Derica W. Rice; Dmitri L. Stockton
8/8/2023 2:23 cv 599
(Ft. Myers)

Securities and fiduciary duty. Defendants' LGBTQ Pride month merchandise campaign caused plaintiff and other shareholders to lose money after public backlash. Defendants Target and its board of directors falsely stated that its ESG and DEI mandates were free of "social and political" risks.
CNS Plus Download

Jason Gonzalez
Lawson Huck

 

America rocks so much lol

 

I don't practice in board disclosures, but hard to imagine there was such an actionable representation to the effect of "Target and its board of directors falsely stated that its ESG and DEI mandates were free of "social and political" risks."

 

Yeah, seems like if this worked, you could sue for all kinds of funny things.

 

The clueless here who believe large corporations like Target and Anheuser-Busch marketing transgenderism to the public is somehow going to work out as a net positive are laughable. When businesses forget who their customers are, they lose customers. When advertising executives are paid hundreds of thousands of dollars and they produce ads promoting transgenderism, they should be fired immediately. Marketing to the mentally ill is a fantastic way to screw your shareholders and alienate your consumer base.

 

Well the ridiculosity of the nasty-as-possible characterization aside, why do you support eliminating the mentally ill from marketing? Mental illness isn’t against the law or a lower level of existence. It is in fact quite common. Especially when you can just blurt it out and make it so.

Let’s just say that there is someone, somewhere, obviously irrationally obsessed by other people’s naughty parts. This person talks to strangers about other strangers’ weens daily, in multiple convos. It is incessant and all sane people would call this person mentally ill.

So how do we cut this person out of society, and does this person also require additional help (and by that, I of course mean possible fines and jail time.)

 

You shouldn’t cut these people out…but you shouldn’t glamorize them either.

 

Well its earnings are right around the corner and estimates are that they will grow by 22%. Seems your case sucks if the company shows that kind of growth.

Target last released its earnings data on May 17th, 2023. The retailer reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.29. The company had revenue of $24.95 billion for the quarter, compared to analysts' expectations of $25.28 billion. Its revenue was up .5% compared to the same quarter last year. Target has generated $5.87 earnings per share over the last year ($5.87 diluted earnings per share) and currently has a price-to-earnings ratio of 22.4. Earnings for Target are expected to grow by 22.55% in the coming year, from $8.07 to $9.89 per share. Target has confirmed that its next quarterly earnings report will be published on Wednesday, August 16th, 2023. Target will be holding an earnings conference call on Wednesday, August 16th at 8:00 AM Eastern. Interested parties can register for or listen to the call..

Target Earnings Date and Forecast 2023 (NYSE:TGT)

 

Well “glamorize” is quite the leap, but before it was marketing. Why should anyone be glamorized, or not? I mean OK—I’ll cut out criminals. But they aren’t any more criminal than any other group, like, say, Baptists.

 

Are you a trans?

 

I don’t think we should celebrate mental illness. That doesn’t mean I think we should ostracize these individuals.

 

Sounds like we’re saying the same thing.

 

Absolutely. I was just clarifying my comments.

 

Attempting to profit from mental illness is not really a good idea.

 

What is it to you?

 

Yeah, it’s uncanny.

 

Well, if you are, my goal was not to offend you, so that’s why I asked.

 

OK, well sentiment acknowledged.