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Shares of Goal Corp. sank towards a 16-month low in early Tuesday buying and selling, reversing an preliminary earnings bounce, after the low cost retailer’s warning that tariffs would harm earnings appeared to spook buyers.
Goal’s
TGT tariff speak overshadowed a surprisingly upbeat full-year revenue outlook, which contrasted with disappointing steering offered by different retailers, together with rival Walmart Inc. WMT. And goal additionally reported fiscal fourth-quarter outcomes that beat expectations.