Target shares jump as retailer unveils paid membership program to rival Walmart, Amazon
Robust Black Friday and Cyber Monday spending helped drive holiday-quarter sales, the company said.
Why Target Stock Popped Today
Its sales are still falling, but its profitability has improved significantly. Management expects growth to remain sluggish in 2024.
Target shares at 11-month high on earnings beat
Target Corp (NYSE:TGT) shares surged more than 12% on Tuesday morning after the retail giant reported better-than-expected earnings for the fourth quarter. It posted adjusted earnings per share (EP...
Emmerson target raised by 50% after KMP update
Liberum has raised its target price for Emmerson by more than 50% following its latest update from the Khemisset potash project in Morocco. Emmerson is developing the 100%-owned Khemisset, on which...
Target (TGT) Q4 Earnings Top Estimates, Comps Decline 4.4% Y/Y
Target's (TGT) fourth-quarter fiscal 2023 results reflect a sequential improvement in comparable sales. Markedly, the gross margin rate improves year over year.
Walmart is a 'much more diversified' company than Target, says CFRA's Arun Sundaram
Arun Sundaram, CFRA analyst, joins 'Squawk on the Street' to discuss Target as the company's stock is trading higher following the fourth-quarter earnings report, the divergence in equity performan...
Target's Sales Down By 1.7% But Profits Jump In 2023
Target TGT Corporation stock spiked in this morning's pre-market as the retailer unveiled a big jump in operating income for 2023, up by nearly $2 billion compared to 2022 despite sales falling by ...
Target's profitability is returning back to where it was historically, says UBS' Michael Lasser
Michael Lasser, UBS retail analyst, joins 'Squawk Box' to break down Target's quarterly earnings results, which posted holiday-quarter revenue and earnings that topped Wall Street's expectations.
Target launches paid membership program as it chases new revenue streams
Target is following the playbook of Amazon and Walmart, which already have similar programs.
Target Stock Surges on Q4 Earnings Beat
Target (TGT) shares surged over 11% in early trading Tuesday as the company posted stronger-than-expected earnings for the fourth quarter of fiscal 2023.
Retail Stock Poised to Pop After Earnings
Target Corp (NYSE:TGT ) is 9.7% higher before the bell, after the retailer reported fourth-quarter earnings and revenue that beat Wall Street's estimates.
Target CEO Brian Cornell on earnings beat: We've seen a very resilient U.S. consumer
Target Chairman and CEO Brian Cornell joins 'Squawk Box' to discuss the company's quarterly earnings results, which posted holiday-quarter revenue and earnings that topped Wall Street's expectation...
Target's earnings surge despite holiday sales dip, sees sales recovery in 2024
Robust Black Friday and Cyber Monday spending helped drive holiday-quarter sales, the company said, and shoppers gravitated to newly launched collections.
Target shares pop as retailer boosts profits, despite lackluster sales forecast
CNBC's Becky Quick reports on the company's quarterly earnings results.
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