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Target Corporation, Holiday Shopping Season
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Target on Thursday lifted its projection for comparable store sales growth in the fourth quarter on the back of a stronger-than-expected holiday shopping season.
Target earnings up after holidays usher in more sales
MINNEAPOLIS — Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release. During Black Friday and Cyber Monday promotions, sales reached record highs.
Target gains after topping holiday sales expectations, backing profit guidance
On the guidance front, Target (NYSE: TGT) now expects growth of approximately 1.5% in Q4 comparable sales and continues to expect Q4 adjusted $1.85 to $2.45 (midpoint $2.05) vs. $2.19 consensus, and full-year adjusted EPS of $8.30 to $8.90.
1d
on MSN
Target Corp updates bylaws, appoints Lead Independent Director
Target Corporation (NYSE:TGT), a retail giant with a market capitalization of $61.2 billion and a "GOOD" financial health ...
2d
Target's Apparel Performance Provides Optimism, Analyst Favors Top End Of EPS Outlook
Target reports 2.8% holiday sales growth and strong apparel performance, with analyst expecting FY24 EPS at the higher end of ...
3d
on MSN
Is Target Corporation (TGT) the Best Dividend King Stock to Invest in Now?
We recently published a list of 10 Best Dividend Kings Stocks to Invest in Now. In this article, we are going to take a look ...
1d
Target Corporation: Balancing Modest Sales Growth and EPS Challenges Amid Positive Discretionary Spending Outlook
Stifel Nicolaus analyst Mark Astrachan maintained a Hold rating on Target (TGT – Research Report) yesterday and set a price target of ...
International Business Times
3d
Target To Pay Stock Dividend For 230th Consecutive Quarter
The
Target
Corporation
board of directors announced a dividend of $1.12 per common share. It will be payable on March 1, 2025 to shareholders of record at the close of business on Feb. 12 ...
2d
Why Target Stock Tanked on Thursday Morning
Shares of Target ( TGT -3.03%) were sliding in Thursday morning trading after the retailer disappointed Wall Street with its ...
5d
on MSN
Jim Cramer on Target (TGT): Here’s Why It’s Struggling
We recently published a list of 7 Consumer Goods and Retail Stocks on Jim Cramer’s Radar. In this article, we are going to ...
1d
on MSN
Pennsylvania woman charged with posing as vendor to steal Apple products from Target stores in multiple states
A Pennsylvania woman is accused of posing as a vendor to steal Apple products from Target stores across multiple states.
3d
Target, New York Times Sued in NYPD Unpaid Wages Class Action
Target Corporation, New York Times Company, and the New York City Police Department were hit with a class action Wednesday ...
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