Target stock jumps 12%, CEO says retailer will get back to growth mode

Target stock jumps 12%, CEO says retailer will get back to growth mode

Target (TGT) is aiming to hit more bull’s-eyes in 2024 after a series of challenges last year.

“We’ll be talking about our roadmap for growth, getting Target back to being a growth company, from a comparable sales standpoint, from a traffic standpoint, and from a [market] share standpoint,” Target chairman and CEO Brian Cornell told Yahoo Finance ahead of a closely watched investor day in New York City on Tuesday.

Cornell says Target will spend 2024 opening new stores, remodeling existing…


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