Target, Holiday Sales

Target says its holiday sales were better than expected — but its profits weren't
Discounts and sales events have remained a significant sales driver, as consumers emerge from a more than two-year stretch of high inflation. It’s unclear how much those deals will cut into Target’s and other retailers’ profit margins, and whether sales will keep improving if promotions fade away.
Target’s Holiday Sales Were Strong. The Stock Is Still Falling.
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,
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 announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
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 Cyber Monday promotional events.
Target raising Q4 sales forecast on record holiday sales
Target (TGT) is raising its fourth quarter sales forecast as the retailer reports record-high sales figures from its Black Friday and Cyber Monday promotions. The stock is under pressure on Thursday morning,
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.
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target hopes momentum from holiday season jump-starts sales this year
Target leaned in heavily toward promotions and sales during the holidays, a strategy that seems to have left it in the middle of the pack of retailers for the season. The Minneapolis-based retailer said Thursday its comparable sales rose about 2%,
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December retail sales grow less than expected, November sales revised higher
The December retail sales report comes as investors are closely watching for signs of health in the consumer as the Federal ...