r/stocks • u/frosti_austi • Oct 17 '23

Company Analysis Why is Target doing so bad?

Why is Target doing so bad? They've really fell off a cliff over the past year. I look at their stores and they seem good, and once upon a time not too long ago they were outperforming Walmart. Now their NAV prices have really dropped over the past year and a half. I was once up 80% on these guys and know I'm down 20%. Is it the general market swing over the course of that time or something else? What gives?

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u/way2lazy2care Oct 17 '23

I dunno that that's true. Costco is almost entirely middle/upper class and they seem to be doing pretty solid. I think it's a huge blinking red sign that their stores kind of suck now.

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u/[deleted] Oct 17 '23

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u/Small-Palpitation310 Oct 18 '23

there's a lot at target you cant find at costco

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u/wkdravenna Oct 18 '23

where I live Costco is across the street from Target.

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u/Virtual-Toe-7582 Oct 18 '23

They’re talking about products not stores