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Target, sales
Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Target’s Holiday Sales Were Strong. The Stock Is Still Falling.
While Target reported strong holiday sales on Thursday, it wasn’t enough to give the 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,
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 hopes momentum from holiday season jump-starts sales this year
Target leaned in heavily toward promotions and sales during the holidays, a strategy that seems to have left it in the middle of the pack of retailers for the season. The Minneapolis-based retailer said Thursday its comparable sales rose about 2%,
Target Joins FIVE, GCO & ANF With Stellar Holiday Sales Performance
Key Takeaways Core retail sales rose 4% YOY to a record $994.1 billion, surpassing the National Retail Federation's forecast. A strong holiday season surge saw Target lift its sales forecast to 1.5% growth from the previous year.
Target’s Holiday Sales Surge Driven by Black Friday and Cyber Monday Success – But Profits Slump Due to Heavy Discounts
Target reported stronger-than-expected holiday sales, driven by record-breaking Black Friday and Cyber Monday performances, prompting an increase in its sales growth forecast for the holiday quarter to 1.
Target sees strong 2024 holiday sales surge amid leadership overhaul
Target anticipates 1.5% growth in Q4 comparable sales and maintains its EPS guidance of between $1.85 and $2.45.
Target Stock In Focus After Better-Than-Expected Holiday Season Sales: Retail’s Upbeat
Shares of Target ($TGT) were in the spotlight as the retailer posted better-than-expected sales numbers for the holiday shopping season, lifting retail sentiment. The company said its total sales during the two holiday months grew 2.
4d
Why Target Stock Tanked on Thursday Morning
Shares of Target ( TGT -3.03%) were sliding in Thursday morning trading after the retailer disappointed Wall Street with its ...
Investopedia
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Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Kamil Krzaczynski / AFP / Getty Images
Target
said Thursday that its holiday
sales
exceeded expectations, leading the retailer to lift its fourth-quarter comparable
sales
growth projections.
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on MSN
This under-desk treadmill is less than $200 at Target, but only through Jan. 18
Target is having a major sale on all things active, including this under-desk walking pad. Now just $173.99, the Costway ...
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