Target's new CEO pick, Michael Fiddelke, didn't exactly wow investors ๐Ÿ˜•. People wanted a big shake-up, you know? Sales are stuck, and the stock's down 37% in a year. Tough times for Target ๐Ÿ“‰.



Fiddelke's been there 20 years. Not exactly fresh blood. Might just keep doing the same old stuff that's not working ๐Ÿ”„. It seems the economy's hitting Target hard. Folks aren't spending like they used to.

Q2 was rough. Sales down 0.9%, operating income dropped 19% ๐Ÿ’ธ. They're expecting less money coming in next year too.

But hey, it's not all doom and gloom. The P/E ratio's pretty good at 11. Way below average. And that 4.7% dividend? Not too shabby for patient types ๐ŸŒฑ.

Big changes sound nice, but they cost money. Target can't really afford that right now. Fiddelke's got to steer this ship through some choppy waters ๐Ÿšข. No easy task.

Retail's always changing. Target needs to keep up. It's kind of surprising they didn't go for someone totally new. But who knows? Maybe Fiddelke's got some tricks up his sleeve ๐Ÿ”‘. We'll see if he can turn things around ๐ŸŒŠ.
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