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 5.3%. Walmart has not yet unveiled its holiday results but did raise its guidance for fiscal year 2025 for the third time last quarter.
Target reported strong holiday sales on Thursday, giving its stock a boost. The retail chain said sales increased 2% on a ...
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys ...
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able ...
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and ...
Analysts surveyed by LSEG had expected fourth-quarter comparable sales to rise 0.2%. However, the retailer maintained its ...
Target (TGT) is raising its fourth quarter sales forecast as the retailer reports record-high sales figures from its Black ...
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the ...
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 ...
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