Target Posts Weak Results As Shoppers Pull Back

Target issues weak forecast as shoppers pull back; shares tumble

Q1 adj. EPS of $2.03 misses estimates by 3 cents; shares down 8% · Expects Q2 adj. EPS of $1.95 to $2.35 vs est. $2.19 · Sees Q2 comp sales of ...

Target Posts Weak Results As Shoppers Pull Back | ESM Magazine

Target has reported lower-than-expected quarterly earnings and its forecast for the current quarter was also largely below Wall Street ...

Target issues weak forecast as shoppers pull back; shares tumble ...

Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed Wall Street estimates and ...

Target posts weak results as shoppers pull back, shares drop ...

Target on Wednesday reported lower-than-expected quarterly earnings and its forecast for the current quarter was also largely below Wall Street expectations ...

Target Earnings Miss as Consumers Pull Back. The Stock Tumbles.

Sales declines largely have been driven by weak demand for nonessentials, such as apparel and home décor, Target executives said, echoing ...

Target issues weak forecast as shoppers pull back; shares tumble

... Target. But Sizemore said it was "not accurate to compare" Target's results with those of Walmart, which is the biggest U.S. grocery retailer. In the first ...

Target issues weak forecast as shoppers pull back - ARY News

Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed Wall Street estimates.

Target earning: Focus on lower prices start to pay off | AP News

The difference in fiscal second-quarter results reported by the two retailers underscores the financial circumstances of U.S. shoppers: ...

Target Reverses Sales Slump While Macy's Reports Another ...

The difference in fiscal second-quarter results reported by the two retailers underscores the financial circumstances of U.S. shoppers: ...

Target Results Show Shoppers Willing to Spend If Price Is Right

... pulling back from other retailers ... also lowered its guidance last month as weak home sales eroded demand for appliances.

Target Takes a Tumble on Weak Earnings and Forecast - VectorVest

Target (TGT) reported first-quarter results Wednesday that left much to be desired, sending shares tumbling lower.

Target Q2 sales fall on muted spending, Pride month backlash, and ...

NEW YORK (AP) — Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative ...

Target profit plunges 90% as inflation-weary shoppers pull back - CNN

Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary customers pulled back on spending on ...

Target Reports Another Sales Drop - WSJ

High prices are straining wallets and shoppers continue to consume more services, which eats into their spending on other purchases, said Target ...

Target Q2 sales fall on muted spending, Pride month backlash, and ...

Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative reaction by some ...

Target profit plunges 90% as inflation-weary shoppers pull back

Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary customers pulled back on ...

Target (TGT) earnings Q3 2023 - CNBC

Digital sales declined by 6% compared with the year-ago period. Target CEO Brian Cornell: Shoppers are pulling back, even on groceries.

Target's Profit Sinks as It Offloads Inventory Shoppers Don't Want

Target posted quarterly earnings on Wednesday that were much weaker than Wall Street expected, as the retailer got rid of excess inventory ...

Target raises 2024 profit forecast as price cuts draw shoppers

Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year, ...

Target just went from great to bad to ugly. But the worst may be over

Target just demonstrated how quickly things can change in the world of retail, posting a terrible quarter after nearly two years of soaring ...