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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 reports disappointing quarterly results, issues weak forecast ...

Target shares fell 10% in early trading after it posted adjusted earnings of $2.03 per share, three cents below analysts' 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 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 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 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's results show shoppers are turning to biggest chains for ...

They said the broader economic backdrop was still messy, but they expected better sales trends and said the assortments on Target's shelves “ ...

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 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 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 posts huge Q3 earnings miss as consumers pull back

Target posts huge Q3 earnings miss as consumers pull back · Comments6.

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 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 earnings miss the mark as inflation-battered shoppers avoid ...

Target shares fell 7.97% by the close of trading Wednesday on the heels of the results. Cornell went on to say sales trends are "normalizing" in ...

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 (TGT) earnings Q4 2023 - CNBC

Target forecast another year of lackluster sales as it reported better-than-expected holiday-quarter results. · The retailer said it will launch ...

Target posts huge earnings miss as consumers pull back - Yahoo

This is a top-line issue or it's become a top-line issue at Target because consumers have pulled back in a good deal. Brian Cornell telling me ...