Target expects shoplifting to remain ‘significant financial headwind' despite closing troubled stores
Target said it expects shoplifting will continue to be a “significant financial headwind” despite the big discounter's recent move to shutter locations popular with pillagers -- including a store i...
Higher prices aren't helping Target's sales much. That's a good thing, the retailer says.
Target Corp. on Wednesday became the latest retailer to call out “moderating” inflation and said it had less room to charge more for basics — a trend it said would ultimately help sales over the lo...
Target Says ‘Tis the Season for Financial Stress
Consumers continue to face economic challenges, even as inflation takes a dip, and the punchline continues to show up in retail receipts. In reporting its third-quarter earnings on Wednesday (Nov. ...
As Target's stock soars on earnings beat, investors keep an eye on profit margins
Target Corp.'s stock soared Wednesday following the retail giant's third-quarter earnings beat, with investors keeping a close eye on the retail sector's ability boost profit margins.
Target's new favorite buzzword is 'value'
Target is riffing off the playbook of rivals like Walmart this holiday shopping season.
Target warns retail shrink is still a headwind
Target (TGT) are rallying—after reporting third quarter results that beat estimates. However, multiple headwinds still exist, including high inventory shrink, such as retail theft.
Why Target Stock Was Soaring Today
Target easily beat bottom-line estimates in the quarter even as comparable sales fell again. The stock had fallen sharply this year, meaning investor expectations were low.
Midday Movers: Retailers Target and VF Jump, But TJX Stumbles
The rally for U.S. equities continued at midday after a report showing a drop in wholesale prices, a day after the Labor Department reported a slowdown in consumer inflation. The Dow, S&P 500, and ...
Target exec warns retail shrink remains 'significant headwind'
Minneapolis-based Target warned Wednesday that it is taking a financial hit from inventory shrink, or the loss of products due to circumstances such as theft.
Target CEO claims customers are saying 'a big thank you' for locking up merchandise
Target CEO Brian Cornell spoke about the retailer's moves to lock up items as it reported better-than-expected earnings for third quarter.
Target's shares have bottomed, says Oppenheimer's Rupesh Parikh
Rupesh Parikh, Oppenheimer analyst, joins 'Squawk on the Street' to discuss whether Target's story is about margins or inventories, a preview of Walmart's quarterly earnings results, and more.
Target shares soar on bullish forecast despite inflation, Pride backlash
Target said it would place a big focus on value, for example, offering over two-thirds of its holiday toy collection and holiday decorations priced below $25 and $20, respectively.
PPI Drops Nearly 100bps, Target Beats & Raises
Core year over year PPI reached +2.4%, 30 bps below expectations. You'd have to go back to January of 2021 for a lower read.
Target (TGT) Q3 Earnings Top Estimates, Comps Decline 4.9% Y/Y
Target's (TGT) third-quarter fiscal 2023 results reflect a decline in comparable sales. Markedly, the gross margin rate improves year over year.
October PPI Posts Biggest Drop in More Than 3 Years
October PPI Posts Biggest Drop in More Than 3 Years.
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