Target Corporation (TGT)
Target Is the Worst S&P 500 Stock After Earnings. Here's Why
Target stock is down big after the retailer missed expectations for its third quarter and slashed its full-year outlook. Here's what Wall Street is saying.
Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
While Target NYSE: TGT has been a bellwether of retail sector health in recent years, it is not today. The company's lackluster results are due to its operational quality and lack of relevance in an environment where consumers are budget-conscious.
Compared to Estimates, Target (TGT) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Target (TGT) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Target shares plunge after lackluster sales ahead of holiday season
Target CEO Brian Cornell told analysts on Wednesday that there was "continued softness" in certain discretionary categories "as consumers continue to spend cautiously."
US Stocks Mostly Lower; Target Posts Downbeat Earnings
U.S. stocks traded mostly lower this morning, with the Nasdaq Composite falling by more than 50 points on Wednesday.
Target Shares Tumble 18% After Earnings Fall Short
Shares of Target dropped by 18% on Wednesday, pacing what would be the stock's worst day in more than two years after the retailer announced third-quarter earnings and revenue that fell below analyst expectations.
Target Shares Tumble 16% Premarket After Earnings Fall Short
Shares of Target dropped by 16% in premarket trading on Wednesday, pacing what would be the stock's worst day in more than two years after the retailer announced third-quarter earnings and revenue that fell below analyst expectations.
Target stock is falling: Price slashing may not be enough to improve 2024 holiday sales
Shares in Target Corporation (NYSE: TGT) have plummeted this morning in premarket trading after the company announced disappointing third-quarter results and a revised full-year outlook that did not inspire confidence in investors.
Target (TGT) Misses Q3 Earnings and Revenue Estimates
Target (TGT) came out with quarterly earnings of $1.85 per share, missing the Zacks Consensus Estimate of $2.29 per share. This compares to earnings of $2.10 per share a year ago.
Powell Industries Reports Weak Sales, Joins Target, QuidelOrtho And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Wednesday.
Ramirez: Target's private labels shine, but Walmart leads in groceries.
Jessica Ramirez, Senior Research Analyst at Jane Hali & Associates, discusses Walmart and Target's performance, emphasizing Walmart's strength in groceries and Target's focus on private labels and holiday traffic drivers. She notes cautious consumer spending, strategic promotions, and TJX's success in beauty amid shifting trends.
Target shares plummet in premarket trade as it posts disappointing earnings and cuts guidance
Target shares dropped sharply in premarket trade as third-quarter earnings missed Wall Street estimates. The retailer cut its full-year financial guidance and reported sales growth of just 0.3%.
