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GET WOKE GO BROKE: Target sees nearly 90% reduction in profits...

• https://www.naturalnews.com, by: Arsenio Toledo

American retail chain Target saw its profits for the second quarter of 2022 decline by nearly 90 percent as the company's open support of transgenderism and the LGBT agenda drove away many formerly loyal customers.

The company first introduced transgender-friendly policies in 2016, when it allowed men identifying as trans women to use store dressing rooms and bathrooms meant for actual women. Since then, the company has only expanded its support for transgenderism and has lost more and more of its customer base and partner businesses.

Just before Pride Month, Target unveiled a new clothing line specifically meant for people who were "transitioning" between genders. This clothing line included compression tops for women who want to hide their breasts and packing underwear meant to make women look like they have male genitalia. This clothing line was advertised to trans youth.

Target also sells a large line of "pride clothing" meant to promote the LGBT agenda.

According to the company's latest earnings report, for the three-month period that ended on July 30, the company's net income fell to $183 million, or 39 cents per share, nearly less than half of its expected 72 cents per share in earnings. During the same period last year, the company made $1.82 billion, or $3.65 per share.

Total revenue rose to $26.04 billion from $25.16 billion during the same time last year. Higher prices due to inflation drive a large portion of this revenue increase, which means the company's actual revenue is likely far more minor.


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