Target Corporation (TGT)
Target Shoppers Are Waiting to Buy, Questing for Deals, and Stocking Up
Inflation-wary Target shoppers are watching for sales, and stocking up on discounted items, Target said. People haven't had such a strong reaction to promotions in a while, the retailer said.
Target Margins And Inventory Issues Raise Analyst Caution After Weak Q3 Performance
Target Corporation TGT shares are trading lower on Wednesday after it reported weak third-quarter results and slashed FY24 outlook.
Target Corp. Shares Slide On Soft Update Heading Into Holiday Season
Target Corp. has reported disappointing third-quarter earnings and revenue despite price-cutting efforts across the board and early holiday promotions.
Target poised for market share gains despite short-term challenges, analysts believe
Target Corp (NYSE:TGT) remains well-positioned in the long term as consumer spending rebounds, analysts at Jefferies have reiterated after the retailer's shares tanked more than 20% on a disappointing quarterly report with weak holiday period guidance. Target on Wednesday guided Q4 flat comparable sales, below the consensus of 1.3%, and adjusted earnings per share (EPS) in the range of $8.30 to $8.90, below Street estimates of $9 to $9.70.
'Messy quarter' for Target, margin headwinds may continue, says Bernstein's Zhihan Ma
Zhihan Ma, Bernstein analyst, joins CNBC's 'Money Movers' to discuss how concerned investors should be about Target's earnings miss, whether the company should change their mix of food and retail, and more.
Chart of the Day: Target
Target shares are plunging today after earnings. The company said it's cutting their 2024 forecast.
3 Apparel Stocks Tumbling Before Earnings, Black Friday
Target (TGT) stock is dragging the retail sector today, after the company's worst earning miss in two years and disappointing full-year outlook.
Target shares tank over 20% as inflation-wracked shoppers flee to rivals for deals
Target said its earnings were hit by hesitancy from cash-strapped consumers and a costly rush on shipments in anticipation of lengthy East Coast port strikes.
Target stock sinking on Q3 earnings, sales miss: What to know
Target (TGT) shares sank in Wednesday's pre-market trading, the retail giant reeling from its third quarter earnings miss that saw same-store sales rise only 0.3%. Target cut its full-year forecast ahead of the holiday shopping season.
Target Corporation (TGT) Q3 2024 Earnings Call Transcript
Target Corporation (NYSE:TGT ) Q3 2024 Earnings Conference Call November 20, 2024 8:00 AM ET Company Participants John Hulbert - VP, IR Brian Cornell - Chair and CEO Rick Gomez - CCO Michael Fiddelke - COO Jim Lee - CFO Conference Call Participants Simeon Gutman - Morgan Stanley Rupesh Parikh - Oppenheimer Kate McShane - Goldman Sachs Michael Lasser - UBS Robby Ohmes - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the Target Corporation Third Quarter Earnings Release Conference Call.
Target Misses Q3 Earnings & Sales Estimates, Issues Cautious Q4 View
Target experiences a 2.4% increase in guest traffic during the third quarter, though the average transaction amount declines 2%.
Target earnings spell bad news about retail ahead of holidays
Target's latest earnings report has some concerning takeaways for other retailers ahead of the holidays. Transcript: Conway Gittens: I'm Conway Gittens reporting from the New York Stock Exchange.
