Target says its holiday sales were better than expected — but its profits weren't
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 and other retailers’ profit margins, and whether sales will keep improving if promotions fade away.
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target stock poised for FY26 growth with better-than-expected holiday performance
CFRA analyst Arun Sundaram adjusted the price target for Target Corporation (NYSE:TGT) shares, increasing it to $162 from the previous target of $160. The firm maintained a Buy rating on the stock.
Target earnings up after holidays usher in more sales
MINNEAPOLIS — Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. 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 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 revises holiday sales outlook on strong apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December.
Target reports holiday period sales up 2.8%
Target (TGT) announced an update on its holiday sales performance for the combined November and December period, along with a number of changes
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 bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Santas shopped the sales at Target, resulting in a better-than-expected holiday bump
Heavy promotion and sales drew people into Target stores over the holidays, boosting comparable sales by 2% as people bought apparel and toys to put under the tree, the retailer said Thursday. While not robust compared with past holiday seasons,
Target’s Holiday Sales Were Strong. It’s a Relief for Investors.
Target reported strong holiday sales on Thursday, giving its stock a boost. The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier, and overall sales rose 2.
Target Corp. stock underperforms Wednesday when compared to competitors
Shares of Target Corp. TGT shed 1.42% to $134.53 Wednesday, on what proved to be an all-around great trading session for the ...
Target's Apparel Performance Provides Optimism, Analyst Favors Top End Of EPS Outlook
Target reports 2.8% holiday sales growth and strong apparel performance, with analyst expecting FY24 EPS at the higher end of ...
Is Target Corporation (TGT) the Best Dividend King Stock to Invest in Now?
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Target Names New Leaders for Stores and IT Divisions
Target has made several changes to its executive team, prompted by the retirements of long-serving leaders in store ...
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Target Corp (TGT) Stock: A Deeper Look at Its True Potential
Target Corp (TGT) stock saw a decline, ending the day at $138.22 which represents a decrease of $-1.03 or -0.74% from the prior close of $139.25. The stock opened at $139 and touched a low of $136.26 ...
Massive Target sale on TVs, apparel and more — 15 deals I'm shopping now from $29
For starters, you can currently get up to 30% off activewear, basics and sneakers. This is perfect if you want to hit the gym ...
Target's Holiday Sales Surge 2.8%: Digital Growth And Black Friday Wins Drive Results
Target Corp (NYSE:TGT) reported a 2.8% increase in holiday sales during the November and December period. The company saw ...
How Target, Walmart are positioning their store brands like Up & Up, Better Goods
Target has been aggressively growing store brands like Good & Gather and Up & Up, which deliver better margins and help keep ...