Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
Nation’s largest trade group: holiday sales rose a better-than-expected 4%
Sales for the 2024 holiday shopping season turned out to be robust and better than expected, as easing inflation on merchandise drove shoppers to buy, according to the nation’s largest retail trade group.
Target’s Holiday Sales Were Strong. It’s a Relief for Investors.
While Target reported strong holiday sales on Thursday, it wasn’t enough to give the stock a boost.The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier,
Target announces better-than-expected holiday sales, but investors wary of no profit update
In the third quarter, rival Walmart ( WMT) posted adjusted earnings per share of $0.58, alongside same-store sales growth of 5.3%. Walmart has not yet unveiled its holiday results but did raise its guidance for fiscal year 2025 for the third time last quarter.
Macy's expects holiday-quarter sales below prior expectation
Macy's said on Monday it expects fourth-quarter net sales to be slightly below the low-end of the previously issued range of $7.8 billion to $8.0 billion.
December Retail Sales Expected to Shine After a Strong Holiday Season
December’s retail sales report could be a bright spot for the economy, rounding out a surprisingly solid holiday season. By all accounts, the sales report—due Thursday morning at 8:30 a.m. Eastern—should be a solid one.
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and ...
US retail sales rose modestly last month amid solid holiday shopping, boosting economy
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able ...
From Cartier to Target, Investors Find Cheer in Holiday Spending
Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.
Retail sales point to strong holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the ...
Latest Retail Sales Report Supports Growth Outlook Despite Modest Pace
December 2024 retail sales were positive but slightly below expectations, with a monthly increase of 0.4%. Four consecutive ...
Abercrombie Stock Falls Despite Strong Holiday Sales
Abercrombie & Fitch reported strong holiday sales, but concerns about weaker earnings growth than analysts had expected drove ...
Retail Sales Grew Modestly In December
Retail and food services sales for December 2024 continued to grow, proving that despite an inflationary economy, Americans ...