Target Corp

TGT: XNYS (USA)

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Target Earnings: Fiddelke to Take the Helm, as Competitive and Macro Angst Persist; Shares a Deal

Erin Lash

Aug 20, 2025

Alongside second-quarter results (a 1.9% drop in comparable sales and a 100-basis-point erosion in gross margin to 29%), Target announced COO Michael Fiddelke (a 20-year veteran of the company) will take the reins from CEO Brian Cornell in February 2026. Cornell will stay on as executive chair.

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Target Corp

Target Earnings: Fiddelke to Take the Helm, as Competitive and Macro Angst Persist; Shares a Deal

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