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Target Expresses Confidence Following Q1 Earnings Report

Target released its earnings results for the first quarter on Wednesday, expressing confidence about the coming months following a respectable performance. Net sales for the first quarter amounted to $25.3 billion, beating Wall Street estimates of $25.18 billion and achieving a 0.6% year-on-year growth. Despite...

Target Q4 Earnings Beat Estimates

Target shares surged by more than 3.5% during pre-market trading on Tuesday after the company posted better-than-expected fourth-quarter financial results. Revenue for the period was $31.40 billion, outpacing the $30.46 billion that Wall Street predicted. Adjusted earnings per share were also higher than expected, with...

Target Shares Dip After Second-Straight Earnings Miss

Target shares did well in the past month, jumping more than 20%, but the good ride seems to be over. The retailer released its second quarter report earlier this week that saw the company notch a second-straight earnings miss. This caused the Target stock...

Investors Await Retail Earnings Reports

Investors are anxiously awaiting the release of the latest earnings reports in the retail sector in an effort to gauge the direction in which the industry as well as the U.S. economy at large is headed. Retail giants Walmart Inc and Target Corp are...

Target Plots Actions to Clear Out its Inventory as a Response to Cautious Shopping

Shoppers in the United States are becoming increasingly cautious about the way they spend their money amid inflation. In an attempt to counter these changing habits, retail giant Target decided to take some surprising actions. The first step for the company will be clearing out...