Target reported stronger-than-expected holiday sales, driven by record-breaking Black Friday and Cyber Monday performances, prompting an increase in its sales growth forecast for the holiday quarter ...
Target has increased its 4th Quarter sales outlook after reporting better-than-expected results from the Black Friday and Christmas period. The Minneapolis retailer announced Thursday that its ...
It appears that move has paid off. Target said both Black Friday and Cyber Monday raked in record-high sales for the company. In November and December combined, Target said total sales jumped 2.8% ...
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 ...
Analysts surveyed by LSEG had expected fourth-quarter comparable sales to rise 0.2%. However, the retailer maintained its forecast for fourth-quarter and full-year adjusted earnings per share to be in ...
Target’s holiday sales grew 2.8%, driven by strong digital ... The company saw comparable sales rise 2% and solid sales during the Black Friday and Cyber Monday promotions.
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 raised its fourth-quarter sales forecast, as customer traffic across stores and its website rose and deals attracted holiday shoppers. The discounter said Black Friday and Cyber Monday saw ...