Target, Home Depot Size Up Tariff Relief: US Earnings Week Ahead

Target Corp. and The Home Depot Inc.are among the retailers set to report shrinking same-store sales as tariff-fueled economic anxiety fans a consumer pullback. The week will also see Lowe’s Cos Inc. and TJX Companies Inc., operator of discount chains TJ Maxx and Marshalls, post weaker earnings.

Even so, the retailers are likely to point to the US-China trade war trucereached this month as offering some reprieve from supply chain disruptions and rising sourcing costs. Any updates to profit guidance will be intensely scrutinized given lingering tariff uncertainty and their intricate sourcing ties to China.