Stock Movers Target Falls, Lowe's Deal, Estee Lauder Shares Slide
Aug 20, 2025
Target experiences a steep 6.7% drop as it sticks to a cautious sales forecast and announces a new CEO. In contrast, Lowe's announces a bold $8.8 billion deal to acquire Foundation Building Materials, signaling strong growth ambitions. On the downside, Estee Lauder faces a 7.6% slide after its annual outlook disappoints, particularly in the Skin Care and Makeup segments. The podcast dives into these dramatic shifts and their implications for investors.
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Target Taps Insider CEO To Reverse Slump
- Target named longtime COO Michael Fiddelke as CEO to try to revive flagging sales and market share.
- The move highlights that insider leadership change signals urgency but not guaranteed strategy shifts.
Lowe's Expands With Big Acquisition
- Lowe's beat expectations and raised its full-year outlook despite weak DIY demand from a slow housing market.
- The company plans to buy Foundation Building Materials for $8.8 billion to expand into commercial and professional channels.
Estee Lauder Hurt By Guidance And Tariffs
- Estee Lauder's full-year adjusted EPS forecast missed expectations and organic sales fell more than expected.
- The company flagged a $100 million tariff-related hit and is evaluating ways to reduce China trade exposure.