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 says its holiday sales were better than expected — but its profits weren't
Target cut its profit guidance in early November after it posted its biggest earnings miss in two years and blamed some of its troubles on softer sales of discretionary merchandis
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 revises holiday sales outlook on strong apparel, toy demand
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.
Santas shopped the sales at Target, resulting in a better-than-expected holiday bump
While not robust compared with past holiday seasons, it was a much better performance than in the August-to-October period. As a result, the Minneapolis-based retailer on Thursday
Target earnings up after holidays usher in more sales
MINNEAPOLIS — Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release. During Black Friday and Cyber Monday promotions, sales reached record highs.
Target reports holiday period sales up 2.8%
Target (TGT) announced an update on its holiday sales performance for the combined November and December period, along with a number of changes
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’s Holiday Sales Were Strong. It’s a Relief for Investors.
Target reported strong holiday sales on Thursday, giving its 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, and overall sales rose 2.
Why Target Stock Tanked on Thursday Morning
Shares of Target ( TGT -3.03%) were sliding in Thursday morning trading after the retailer disappointed Wall Street with its ...
Massive Target sale on TVs, apparel and more — 15 deals I'm shopping now from $29
For starters, you can currently get up to 30% off activewear, basics and sneakers. This is perfect if you want to hit the gym ...
Merchandise markdown plot uncovered in Lakeland Target, deputies say
Two Target employees were arrested after their involvement led to the uncovering of a scheme to defraud the company with ...
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.
Target CSO Mark Schindele, CIO Brett Craig to retire
Target (TGT) announced an update on its holiday sales performance for the combined November and December period, along with a number of changes ...
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Target shares jump on better-than-expected Q4 comparable sales forecast
Target (NYSE:TGT) shares jumped around 4% in premarket trading Thursday after the retail giant lifted its forecast for ...
15 Target deals to shop this week, including a big Ninja CREAMi cut that comes with a $20 Target GiftCard
Here are some of the best deals to grab this week — from Ninja and Breville to Dyson and Shark — some of the biggest names in ...