Target misses Q3 earnings expectations, lowers guidance
Target’s third-quarter sales of $25.2 billion were down nearly 1% from a year ago, missing some analysts’ expectations. Operating income fell 11% to $1.2 billion from $1.32 billion, while net earnings declined 12.1% to $854 million from $971 million year over year, the company said Wednesday.
Target reported third-quarter earnings that fell short of expectations, despite increasing its online sales and revenue.
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Target Misses Q3 Earnings and Revenue, Cuts Full-Year Profit Guidance Despite Price Cuts on 10,000 Items to Attract More ShoppersTarget Corporation reported weaker-than-expected earnings and revenue for the third quarter, marking its largest earnings ...
Markdowns and promotions represent "the lion's share" of Target's Q3 gross margin miss and drop in Q4 guidance.
Target shares tanked after a rough third-quarter report. But it's not all bad for the Minneapolis-based retailer. Here's what ...
Retailers are putting out their third-quarter earnings reports ahead of the big holiday spending season. CBS News ...
Target Corporation (NYSE:TGT) shares are trading lower on Wednesday after it reported weak third-quarter results and slashed ...
Reports Q3 revenue $25.23B, consensus $25.9B. Third quarter comparable sales increased 0.3%. “I’m proud of our team’s efforts to navigate ...
Yet the retail business can be cyclical, and consumers are resilient. Target has long focused on its dividend payments for ...
Nvidia (NASDAQ:NVDA) received a price target boost on Tuesday from Truist Securities ahead of the company's third-quarter ...
Target saw its share price plunge by more than 20% on Wednesday as its third quarter results signaled some rocky times ahead ...
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