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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Target wasn’t one of them. The 10 stocks that made the cut ...
Back in its second-quarter earnings report in August, Target (NYSE: TGT) gave investors hope that it was finally turning the corner. Comparable sales rose 0.3% in the quarter as traffic was up 2.4 ...
Looking ahead, Target slashed its full-year earnings guidance, taking it to a range of $8.30 to $8.90 per share from a prior outlook of $9 to $9.70. That comes a quarter after the company raised ...
Speaking of profits, Target's prediction of earnings per share (EPS) of $1.85 to $2.45 in its holiday quarter implies the company will end fiscal 2024 with GAAP EPS of between $8.30 and $8.90.
"Target's Q3 performance is a stark contrast to Walmart's, highlighting the big differences in their product mixes. Groceries make up about 60% of Walmart's sales but only 23% at Target," he said.
Target’s 21.4% tumble followed its report showing weaker profit and revenue for the latest quarter than analysts expected. The retailer also gave a forecast for profit in the upcoming holiday ...
Target reported earnings that came in well below expectations. The company reported Q3 earnings of $1.35 per share compared to expectations of $2.30, while revenues were a little under estimates ...
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