Michael Fiddelke

“There's a lot of work still in front of us,”

Michael Fiddelke · said date not stated · reported 2026-08-19

Fiddelke discussed the ongoing work needed to sustain Target's turnaround.

“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 · said date not stated · reported 2026-08-19

Fiddelke commented on Target's ongoing turnaround plan.

“Q2 is an important step forward in the plan we laid out earlier this year to open a new chapter of growth for Target. What you saw from us this quarter reflects the level of change we knew would be needed to put our strategy in motion.”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke discussed the progress of Target's turnaround strategy on a call with reporters.

“We changed 75% of our decorative accessories assortment, and we've seen strong [comparable sales] follow that change. Frankly, we need a lot more of that type of improvement in those two categories.”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke gave specifics on changes made to Target's home decor assortment and desired further improvement.

“We laid out a plan for the year that had a lot of change in it — more change to what we were selling and how we were going to sell it than in the last decade. And a couple of quarters in, it's great to see a strong guest response to some of the places we're making changes.”

Michael Fiddelke · said date not stated · reported 2026-08-19

Fiddelke told Yahoo Finance about the company's merchandising changes over the past year.

“We're encouraged by the progress made so far, and we're also clear-eyed about the important work still ahead,”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke made this remark on a call with reporters discussing Target's quarterly earnings.

“We knew a category like home was going to be a multiyear journey, and we're encouraged by the guest response where we've made changes in a category like home,”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke addressed Target's efforts to improve its home category performance.

“Sustained, durable top- and bottom-line growth over time is what we're after.”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke elaborated on Target's long-term growth objectives during the call with reporters.

“The combination of stronger execution and improving guest feedback provides a firm foundation on which to build as we continue advancing our strategy.”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke described the foundation for Target's ongoing strategic improvements.

“We're not done, so you can expect us to continue to lean into smart price investment. Some of the value I was describing that's on our shelves for back to school, I think epitomizes that,”

Michael Fiddelke · said date not stated · reported 2026-08-19

Fiddelke said more price cuts on items like back-to-school merchandise are coming.

“and the goal isn't a couple strong quarters. The goal is years of sustained top-line growth. And so we'll turn the page on this one and get back to work.”

Michael Fiddelke · said date not stated · reported 2026-08-19

Fiddelke emphasized the goal of sustained top-line growth beyond a couple of strong quarters.

“Two strong quarters is not the goal,”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke emphasized that sustained growth, not just two strong quarters, is Target's real goal.

“To be clear, we have much more work to do,”

Michael Fiddelke · said 2026-08-19 · reported 2026-08-19

Fiddelke expressed continued caution about Target's turnaround despite strong results.