Target Corporation, Earnings Call
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Target Corporation faces declining sales, weak traffic, and margin pressures despite a 4.5% dividend yield. Click for my TGT earnings review and look at value.
Target's (TGT) sluggish first quarter was partly due to consumers' protests to the retail giant's rollback on diversity, equity, and inclusion (DEI) policies. On Wednesday, shares of the retailer slid more than 7% after it posted a 3.
Target Corp.’s turnaround is taking time as the discount giant contends with changes both within and without. Not only is the company dealing with consumer and supply chain uncertainty from President Trump’s start and stop trade war,
Target Corporation TGT reported weaker-than-expected first-quarter results on Wednesday. Target registered adjusted earnings per share of $1.30, missing analysts’ consensus estimate of $1.64. Quarterly sales of $23.85 billion (down 2.8% year over year) missed the Street view of $24.32 billion.
Q1 results, an analyst from Telsey Advisory downgraded his rating on the shares to Market Perform from Outperform and reduced the price target to $110, down from
For Q1, Target's comparable sales decreased 3.8%, reflecting a comparable-store sales decline of 5.7%. One highlight of the quarter was that digital comps grew 4.7% reflecting more than 35% growth in same-day delivery powered by Target Circle 360 and continued growth in Drive Up.
Target's sales fell more than the Minneapolis-based retailer expected they would in the first quarter, and the company is warning they will slip for the rest of the year as shoppers limit spending.
NEW YORK (AP) — Target’s challenge to revive sales and its status as a cheap chic retailer just got more complicated. The discounter announced on Wednesday that sales fell more than expected ...
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Stocktwits on MSNTarget Stock Sinks After Slashing Outlook, Q1 Earnings Miss – Retailer Warns Of Trump-Era Tariffs And Spending SlowdownTarget (TGT) shares plummeted as much as 6% in pre-market trade on Wednesday after the retailer slashed its full-year sales outlook and missed Wall Street’s expectations on first-quarter earnings. The company’s earnings per share (EPS) came in at $1.