Retail giant Target receives $1bn boost from tariff refunds
The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
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Notable Quotes
"We have and will continue to invest in price."
— Jim Lee , Executive
""While there's still meaningful work ahead, we're encouraged by the progress we're making and remain focused on executing with discipline.""
— Michael Fiddelke , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Chief Financial Officer at Target, involved in financial strategies and operations.
Chief Executive Officer at Target, overseeing company direction and performance.
Locations
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The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
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