Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Target on Thursday lifted its projection for comparable store sales growth in the fourth quarter on the back of a stronger-than-expected holiday shopping season.
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 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 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 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.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
Target on Thursday said its holiday sales were better than expected, though it kept its profit forecast the same – likely because cost-conscious shoppers stocked up on discounted items. The Minneapolis-based chain said sales on Black Friday and Cyber Monday hit records,
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