Target misses Q3 earnings expectations, lowers guidance
Target’s third-quarter sales of $25.2 billion were down nearly 1% from a year ago, missing some analysts’ expectations. Operating income fell 11% to $1.2 billion from $1.32 billion, while net earnings declined 12.1% to $854 million from $971 million year over year, the company said Wednesday.
Benzinga on MSN2d
Target Misses Q3 Earnings and Revenue, Cuts Full-Year Profit Guidance Despite Price Cuts on 10,000 Items to Attract More ShoppersTarget Corporation reported weaker-than-expected earnings and revenue for the third quarter, marking its largest earnings ...
Markdowns and promotions represent "the lion's share" of Target's Q3 gross margin miss and drop in Q4 guidance.
Target shares tanked after a rough third-quarter report. But it's not all bad for the Minneapolis-based retailer. Here's what ...
Target shares sank to their lowest point since last November following the retailer's earnings Wednesday, a day after Walmart ...
Retailers are putting out their third-quarter earnings reports ahead of the big holiday spending season. CBS News ...
Yet the retail business can be cyclical, and consumers are resilient. Target has long focused on its dividend payments for ...
3d
Target's Q3 miss, dragged by "unique challenges" and supply chain pressures, leads to a sharp drop in shares and a slashed FY24 earnings outlook.
Target Corporation (NYSE:TGT) shares are trading lower on Wednesday after it reported weak third-quarter results and slashed ...
Newsable Asianet News on MSN2d
Target Stock Plummets Pre-Market After Q3 Earnings Miss, Lowered Guidance: Retail’s Worried About Tariff ImpactShares of Target Corporation ($TGT) plummeted over 18% in Wednesday’s pre-market session after the firm’s third-quarter ...
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