Target Executives say Bathroom Policy did not Hurt Traffic in First Quarter

Target Corp. said the company’s restroom policy did not hurt its traffic, according to a Wednesday note published by Cowen & Co. that recaps a meeting with Target Chief Financial Officer, Cathy Smith. Target conducted data analysis and, according to the Cowen note, the company doesn't believe that the policy had an impact on traffic. “Target noted that traffic softness occurred before the bathroom petition issues,” Cowen wrote.