Goal Corp. topped first quarter estimates, but warned shrink would take a $500 million bite out of its annual earnings.
Still the discounter maintained its full-year guidance and is attempting to keep agile a tricky yr for consumer-oriented corporations.
Brian Cornell, chair and chief executive officer, said: “We got here into the yr clear-eyed in regards to the challenges consumers are facing, and we were determined to construct on the trust we’ve established with our guests. It’s required agility and the power to flex across our multi-category portfolio as we lean into value and the product categories our guests need most right away. Due to the team’s dedication, we saw a rise in guest traffic in Q1, with total sales increasing and...
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