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After the big earnings miss, Target reduced full-year guidance to a midpoint of $8.60 per share. That's shy of the $9.35 per share it previously offered and also well below the $9.55 a share ...
The company reported third-quarter adjusted earnings per share of $1.85, missing the street view of $2.30. For FY24, the company now forecasts adjusted EPS between $8.30 and $8.90, down from the ...
The retail powerhouse also saw a 3% increase in store traffic during the quarter as it slashed prices this summer on 5,000 daily essentials — items where Target was losing market share to rival ...
Here's what Target reported for the third quarter, compared to Wall Street analyst estimates compiled by Bloomberg: Net sales: up 1.1% year over year to $25.7 billion, vs. estimates for $25.74 billion
The lawsuit accused Target's board of directors of overlooking the risk of negative backlash and led the company to lose over $25 billion in market capitalization. Target must face shareholder ...
Target stock tumbled more than 20% after reporting earnings that fell short of forecasts. ... or $1.85 per share. Analysts had forecast sales of $25.9 billion and per-share earnings of $2.30 ...
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Target's same store sales dropped 3.7% year over year in Q1, compared to a 3.8% gain for Walmart. While Target's earnings fell 1% in the quarter, Walmart's popped 22%.