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Target, sales
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.
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’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 sees strong 2024 holiday sales surge amid leadership overhaul
Target anticipates 1.5% growth in Q4 comparable sales and maintains its EPS guidance of between $1.85 and $2.45.
2d
on MSN
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 ...
3d
on MSN
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 ...
2d
Target’s Sales Surge and Strategic Initiatives Bolster Buy Rating
Analyst Kate McShane of Goldman Sachs maintained a Buy rating on Target (TGT – Research Report), with a price target of $164.00.Stay Ahead of ...
Investopedia
3d
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Kamil Krzaczynski / AFP / Getty Images
Target
said Thursday that its holiday
sales
exceeded expectations, leading the retailer to lift its fourth-quarter comparable
sales
growth projections.
3d
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 ...
2d
Target Corporation: Balancing Modest Sales Growth and EPS Challenges Amid Positive Discretionary Spending Outlook
Stifel Nicolaus analyst Mark Astrachan maintained a Hold rating on Target (TGT – Research Report) yesterday and set a price target of ...
Zacks.com on MSN
2d
Target Joins FIVE, GCO & ANF With Stellar Holiday Sales Performance
Key Takeaways Core retail sales rose 4% YOY to a record $994.1 billion, surpassing the National Retail Federation's forecast.
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