brian cornell is on the phone with us. >> caller: good morning.are at home and staying safe and healthy >> i am. i hope you are too let's talk about what you are seeing, brian. you have never seen anything like this, have you? >> caller: we talked to our investors on march 3 at that point, we talked about our outlook for the quarter and the year as you know, things have changed dramatically during that time period we thought it best to update investors today, trends and changes we are making to our team and focuses on serving our guests obviously, we've seen a surge in business in february, we saw our comps increase by 3.8% pretty much in line with our expectation. in march, we started to see our business surge our comps are up 20% in certain categories like household essentials and food and beverages, that has grown like 50% year on year. i'm proud of the work our teams are doing, our team members are the on the front line providing a community service as our guests look for those essential items, for medicines, diaper, all those core items that

brian cornell, target. thank you, brian. thank you for inviting us here today, along with our colleagues from walmart and walgreens and our partners at cbs. normally, you view us as partners at cbs. normally, you view us as competitors, but today we are focused on a comment editor, and thatis focused on a comment editor, and that is defeating the spread of the coronavirus. and we look forward to working with the administration to do ourfairshare to working with the administration to do our fair share to alleviate this growing threat, so thank you for including us today. in the near term, we are all committed to making sure we keep our store is open to serve american consumer who is rapidly stocking up on household essentials, key food and beverage items they need during this time, and creating an environment that is safe for our team members. and creating an environment that is safe for ourteam members. making sure they feel supported during this critical time, so thank you for including us. is tommy? thank you, asa includin

brian cornell, target. thank you, brian thank you, please. >> well mr.resident, thank you for inviting us here today along with our colleagues from walmart and walgreens and our partners a at cvs normally viewed as competitor, but today we're focused on the common goal. that's defeating the spread of the coronavirus. we look forward to working with the administration to do our fair share to alleviate that growing threat so thank you for including us today we're all committed to making sure we're keeping our stores open to serve the american consumer who's rapidly stocking up on household essentials, key food and beverage items. making sure we run safe stores and create an environment safe for our team members, making sure they feel supported during this critical time thank you for including us >> great job is tom here? >> please. >> thank you, mr. president. we're one of the leading p providers of medical dwigss as well as collection products for testing of coronavirus to ensure the right testing devices and we're ready to address this issue >> thank you

brian cornell target and i can thank you please. well mr than thank you for inviting us here today along with our colleagues from wal-mart and walgreens and our partners at c.v.s. normally the u.s. is competitors but today we're focused on a common to better and that's the feeding the spread of the coronavirus and we look forward to work with the administration to do our fair share to alleviate this growing threat so thank you for including us today in the near term we're all committed to making sure we're keeping our stores open to serve the american consumer who is rapidly stocking up on household essential zx key food and beverage items that they need during this time making sure we run safe stores and create an environment that's safe for our team members with making sure they feel supported during this very critical time so thank you for including us you very much greater is tom here temple. police thank you mr president as c.e.o. of becton dickinson one of the leading providers of medical devices as well as collection of produ

brian cornell, ceo of target. the chairman and ceo and president of heidi.president of cisco. ceo of costco. ceo of publics supermarkets. dani king comet ison foods. the chairman and ceo of cargill. the ceo and chairman of kroger, a big company. ceo of warm—up. he has been fantastic. douglas was here on friday and he watched the market go up 2,000 points, it went up almost 2,000 points, it went up almost 2,000 points on friday. the ceo of magdala general corporation. —— dollar general. these are all phenomenal and great companies and we had a long conversation with them. and they are going to work 2a hours round the clock, keeping their stores stocked. i would like to say people shouldn't go out and buy, we will all be great, we will be so good. look at what has happened with the fed, it is phenomenal news. what is happening with these incredible companies is phenomenal news. you don't have to buy so much, take it easy, just relax. people are going in and they are buying more. rememberjoin the conversation, dog of warm—up said they are buying more than they

. >>> brian cornell, target. thank you, brian. thank you, please. >> mr.resident, thank you for inviting us here today aing long with our colleagues from walmart and walgreens, normally you view us as competitors, today we're focused on a common competitor, defeating the coronavirus. we're working with the administration to do our fair share to alleviate this growing threat. thank you for including us today. in the near term we're all committed to making sure we're keeping our stores open to serve the american consumer who's rapidly stocking up on household essentials, key food and beverage items they need during this time. making sure we run safe stores and creating a an environment th that's safe for our team members. >> is tom here? tom. please. >> thank you, mr. president. one of the leading providers of medical devices as well as collection products for testing of coronavirus, we're ramping up our manufacturing capacity to ensure the right collection devices and testing equipment are ready to address this issue. >> thank you very much. >>> steven, que

. >> brian cornell, target. >> thank you, brian. >> mr.dent, thank you for inviting us here tonight. along with our colleagues from walmart, walgreen's and cvs, normally we're competitors. but today we're looking at defeating the spread of coronavirus. we look forward with the administration to do our fair share to alleviate this growing threat. thank you for including us today in the near term we're committed to keep our store opens to serve the american consumer who is stocking up on household e essentia essentials, making sure we have safe stores and making sure our team members feel supported. thanks for including us. >> great job is. tom here? tom poulan? please. >> thank you, mr. president. as ceo of beck and dickinson, testing products for coronavirus, we're ramping up our manufacturing capacity to make sure the devices and testing equipment are ready. >> thank you. great job. stephen from quest diagnostics. please. great i don't know. >> thank you very much. thank you, mr. president. as mentioned, we were called from the leadership

brian cornell, target. thank you, brian. thank you. please. >> well, mr.resident thank you for inviting us here today along with our colleagues from walmart and walgreens and our partners at cvs, normally you would view us as competitors but today we're focussed on a common competitor and that is defeating the spread of the coronavirus and we look forward to helping the administration to do our fair share to alleviate this growing threat. so thank you for including us today. in the near term we're all committed to making sure we're keeping our stores open, to serve the american consumer who is rapidly stocking up on household essentials, key food and beverage items that they need during this time. making sure we run safe stores and creating an environment that is safe for our team members, making sure they feel supported during this very critical time. so thank you for including us. >> is tom here. tom poland? please. >> thank you, mr. president. as ceo of bechtel dickinson, one of the leading providers of medical devices and testing of coronavirus we're r

brian cornell, target. thank you, brian. thank you please. brian: thank you for inviting us here. normally you view us as competitors but today we are focused on a, competitor, defeating the spread of the coronavirus and we look forward to work with the administration to do our fair share to alleviate this growing threat. thank you for including us. we are committed to making sure we are keeping our stores open to serve the american consumer who is stocking up on household andntials, key food beverage items they need during this time, making sure we run safe stores and creating an environment that is safe for our team members. thank you for including it. mr. trump: is tom here? please. >> thank you. as one of the leading providers of medical devices as well as collection products or testing, we are ramping up our manufacturing capacity to ensure the right collection devices and steps -- and testing equipment is ready to address this issue. mr. trump: stephen murkowski, quest diagnostics, please. >> thank you very much. theentioned, we recalled leadership of the vice president last

brian cornell, target. thank you, brian. >> well, mr.k you for inviting us here today. along with our colleagues from walmart and walgreens and our partners at cvs, normally we view as competitors but today we are focused on a common competitor. that's defeating the spread of the coronavirus. we look forward to working with the administration to do our fair share to alleviate this growing threat. so thank you for including us today. in the near term, we are all committed to making sure we are keeping our stores open to serve the american consumer highwawho rapidly stocking up on household essential, key food and beverage items they need during this time, making sure we run safe stores and creating an environment that's safe for our team members, making sure they feel supported during this very critical time. thank you for including us. >> thank you very much. great job. is tom here? please. >> thank you, mr. president. we are one of the leading providers of medical devices as well as collection products for testing of coronavirus. we are

they're saying that it included in this meeting are richard from walgreens, brian cornell of target, doug mcmillon of walmart, steven rokowski of quest, matt from roche and a number of other ceos i apologize for butchering some of the names in the pronunciation. the white house is hosting a wide-ranging meeting here on medication and some of the companies and consumer facing outlets that will be delivering medication to the american public in coming days and weeks. we'll wait to see if we can get any readout from that meeting with those ceos or talk to any of those ceos on their way out to see if anything was discussed here or any decisions firmly made as you say we're waiting for speaker pelosi who said she will speak at 2:00 p.m., an hour before the president of the united states who is expected to address reporters in the rose garden at 3:00 p.m a lot of news here coming this afternoon, kelly hold on to your hat. >> eamon, you know, like we said, we're going through a little bit of what the market might be looking for here, back up towards the highs of the session. i don't know if

of campbell soup company brian cornell c.e.o. of target. randy at occur chairman and c.e.o. president of hifi jeff hammering c.e.o. of general mills a great company. kevin work and president c.e.o. of cisco craig jelinek c.e.o. of cosco todd jones c.e.o. of publix supermarkets ghani king. tyson foods david mclennan chairman c.e.o. of cargill rodney mcmullan c.e.o. chairman of grog or big company doug mcmillan c.e.o. of wal-mart has been fantastic douglas here is you know on friday and he watched the market go up 2000 points on friday it went up 2000 almost 2000 points. to our vast c.e.o. of dollar general corporation. and then the saying koran president c.e.o. of albertson's so these are all phenomenal companies is a great companies with a long conversation with them and they've. they're going to work 24 hours around the clock keeping their store stocked i would like to say that people should go out and buy we're going to all be great we're going to be so good we're going to do what's happened with the fed is phenomenal is what's happening with all 'd of these incredible com

brian cornell, target. thank you for inviting us here today. along with our partners. today, we are focused on a common competitor and that is defeating the spread of the virus and we look forward to working with the administration to alleviate this growing threat , so thank you for including us today. in the near term, we are committed to keeping our stores open to serve the american , making sure we run safe stores and trading an environment safe 14 members and making sure they feel supported this time. tom? leading --ne of the .eaders of medical devices [inaudible] stephen, quest diagnostics. mentioned, we recall the leadership of the vice president last week and we took advantage of the opportunity to work with the fda in the center of disease control and we are running tests and a number of facilities. as the present mentioned, we have capabilities that will bring into our facilities this weekend and i know myself and colleagues will be doing the the capacity to support consumers will be increased. >> matt? thank you, matt. to thinkoche, we want the fda for the ra

brian cornell, ceo of target. randy etiker, chairman and ceo, president of high-v. jeff hammer ning, ceo of general mills, great company. kevin bowercan, president ceo of cisco. craig gelinick, ceo of costco. todd jones koechlt of publix. gunny king, tyson foods. david maklennon, chairman ceo of car gill. rodney mcmullin, ceo chairman of kroger, big company. doug mcmilllan, ceo of walmart, he's been fantastic. doug was here as you know on friday and watched the market go up 2,000 points on friday. it went up 2,000, almost 2,000 points. tar vaso, dollar corporation. and koran, president ceo of albertsons. these are all phenomenal companies, great companies. we had a long conversation with them. and they've -- they're going to work 24 hours round the clock keeping their stores stocked. i would like to say people should -- we're going to be good. we're going to do -- what's happened.fed is phenomenal news. what's happening with all of these incredible companies, this phenomenal news. but you don't have to buy so much. take it easy. relax. people are going in and buying

brian cornell, ceo of target. randy etiger, president and ceo of hy-vee. kevin lurcan, president and ceo of cisco. craig gelinec, ceo of costco. todd jones, ceo of publix supermarkets. donny king, tyson foods. david mclennon, president and ceo of cargill. rodney mcmullen, chairman, ceo of kroger, big company. doug mcmillan, ceo of walmart. he's been fantastic. doug was here, as you know, on friday. and he watched the market go up 2,000 points. on friday, it went up 2000, almost 2,000 points. ceo of dollar general corporation. and vivek, president and ceo of albertson's. these are all phenomenal companies. these are great companies. we had a long conversation with them. and they're going to work 24 hours around the clock, keeping their stores stocked. i would like to say, that people should go out and buy -- we're going to all be great. we're going to do so good. what's happened with the fed is phenomenal news. what's happening with all of these incredible companies is phenomenal news. but you don't have to buy so much. take it easy, just relax. people are

brian cornell, target. thank you, brian. thank you, please. brian: thank you, mr. president. thank you for inviting us here. normally you view us as competitors, but today we are focused on a common competitor and that is defeating the spread of the coronavirus, and we look forward to working with the administration to do our fair share to alleviate this growing threat. so thank you for including us today. in the near term we are all committed to making sure we are keeping our stores open to serve the american consumer who is rapidly stocking up on household essentials, key food and beverage items that they need during this time, making sure we run safe stores, and creating an environment that is safe for our team members. making sure that they feel supported during this very critical time. thank you for including us. mr. trump: is tom here? please. tom: thank you. as ceo of becton dickinson, we are one of the leading providers of medical devices as well as collection products or testing, we are ramping up our manufacturing capacity to ensure that the right collection devices

president trump: brian cornell, target. thank you. >> thank you for inviting us here today along with our colleagues from all marked, walgreens -- walmart, walgreens, and cvs. today, we are focused on a common competitor and that is defeating the spread of the coronavirus. we look forward to working with the administration to alleviate this growing threat. thank you for including us today. in the near term, we are all committed to making sure we are keeping our stores open to serve the american consumer who is rapidly stocking up on household essentials, key food and beverage items and making an environment safe for our team members and making sure they feel supported during this current time. president trump: is tom here? leaders inone of the medical devices. we are making sure testing equipment is ready to address to this issue. stephen, quest: diagnostics. , we were called by the leadership of the vice president last week and we took advantage of the opportunity to work with the fda and the center of disease control and

target is not irrelevant i think that matters i think brian cornell is going to recover did not havequarter. the one if you really want to be in it go back to costco. there is no doubt we're about -- no doubt that the future, if you want to hear a conference call, someone would say what is so good last time he said, seed cucumbers. cucumbers. he has -- he is so good. i want people to listen to his call it is calming. he is smart. it's a great retailer. and it's where you go to stock up costco is where you go >> for sure. still to come, ge's larry culp will join us with his strategy to turn around the company in this volatile market environment. you have the dow up 480. ten year trying to hang on to one. vix actually down two points back in a minute there has never been a better time to have a favorite food. with new grubhub plus you get unlimited free delivery and cashback rewards for ordering noodles, and noodles... and noodles... and noodles. grubhub plus. free delivery, cash back, and noodles. ♪ yes i'm stuck in the middle with you, ♪ no one likes to feel stuck, boxed in, or held

brian cornell, ceo of target. randy ettiker, chairman and ceo, president of hy-vee.f ham oring, ceo of general mills, great company. kevin, president and ceo of sysco. the ceo of costco, todd jones, ceo of publix supermarkets. the president of tyson foods, chairman and ceo of cargill. rodney mcmullen, ceo and chairman of kroger, big company. doug mcmillan, ceo of walmart. he's been fantastic. doug was here, as you know, on friday and he watched the market go up 2,000 points. on friday it went up almost 2,000 points. the ceo of dollar general corporation. and the president and ceo of albertsons. so these are all phenomenal companies, great companies. we had a long conversation with them, and they've, they've got work 24 hours around the clock keeping their stores stocked. i would like to say that people shouldn't go out and buy, we're going to all be great. we're going to be so good. we're going to do finish what's happened with the fed is phenomenal news, what's happening with all of these incredible companies is phenomenal news. but you don't have to buy so much. ta

the ceo brian cornell said this is a wartime mission for us. we have to get the items that america needs but as a result, we are not investing in ourselves. we are not doing the things we had planned to do because of the coronavirus and the stock is down today in an up market. stuart: the retailers have taken it about as badly as some of the travel and leisure companies. retailers have been shut down just about around the country. gerald storch is with us, our retail guy. gerald, am i right in saying that you think that jc penney, macy's, bed, bath & beyond, neiman marcus, are gone? by the time this is over, they're gone? really? >> what we saw was the consumer was on fire when this virus hit. what's happened, though, is people who are winning are winning even more. walmart, target, costco, amazon. internet players. but the people who were losing happen to be losing even worse. those are your department stores, like some names you just mentioned. the apparel retailers. terrible. stores are shuttered. people aren't thinking about buying clothes