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Target Cuts Opening Hours, 'Vulnerable Guests' Can Make Purchases In Dedicated Hours
Tuesday, March 17, 2020 - 10:40pm | 513Read More...Target Corporation’s (NYSE: TGT) stores will stay open during the current COVID-19 pandemic but will cut hours of operations beginning Wednesday. What Happened The retailer has announced it will be closing its stores by 9 p.m. daily local time as of Wednesday. Additionally, there will be...
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Target Earnings Report- Not So Much About Earnings But About Consumer Behavior
Wednesday, March 4, 2020 - 12:39pm | 811Read More...Target Corporation (NYSE: TGT) shares started 2019 with a value around $66 and finished the year with a share price around $128, almost passing the bar of $130 around Christmas. This investors' fate in Target was based on good results in sales and profitability segment. The reason for...
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Target Sees "Strong" February Sales, Monitoring Virus-Related Supply Chain Stress
Tuesday, March 3, 2020 - 2:54pm | 568Read More...Target Corporation's (NYSE: TGT) management said that the company hasn't "seen a large impact" from coronavirus disruption during its 2020 Financial Community Meeting, which was held online due to virus concerns. The company's original plan called for live meetings with investors and analysts in...
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Retail Snapshot – Can This Week Make a Difference?
Tuesday, March 3, 2020 - 11:02am | 901Read More...This week's earnings reports will give us some more info and data to digest last week's market drop. But without some major players' announcements, it seems improbable that this week will shift the market back up. Nevertheless, this week's reports will help the investors feel the...
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Tuesday's Market Minute: Target Misses Earnings Bullseye
Tuesday, March 3, 2020 - 10:23am | 443Read More...Target Corporation (NYSE: TGT) reported outpacing fourth quarter earnings expectations on Tuesday. On an adjusted basis, earnings per share came in at $1.69 vs. $1.66 consensus and revenue was $23.40 billion vs. $23.50 billion expected, according to Zack’s estimates. Same-store sales...
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Benzinga's Bulls And Bears Of The Week: Merck, Nike, Target And More
Saturday, February 22, 2020 - 2:00pm | 839Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a big-box retailer and a package delivery giant. Bearish calls included a leading pharmaceutical maker and an Apple supplier. For the second time in a row, the major U.S. indexes...
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The Year Of Retail Reinvention? Walmart, Target, Other Retailers Prepare To Report Earnings
Monday, February 10, 2020 - 3:19pm | 2971Read More...Even with fewer days to buy holiday gifts, the healthy U.S. consumer appeared to give many retail companies a boost in the last quarter of 2019. That said, the wrapping paper might not have been smoothly spread around the industry, and some retailers probably did a lot better than others. The next...
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Bed Bath & Beyond Sells Half Its Real-Estate In An Effort To Turn Around Business
Monday, January 6, 2020 - 8:12am | 394Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) has sold approximately half of its real-estate to Chicago-based private equity firm Oak Street Real Estate Capital LLC, the Wall Street Journal reported on Monday. What Happened The New Jersey-based household goods retailer will get about $250 million ...
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Today's Pickup: Smith's Candor; Target On-Target
Thursday, December 26, 2019 - 9:57am | 1013Read More...In a remarkably candid Dec. 23 interview with Bloomberg, FedEx Corporation (NYSE: FDX) Founder, Chairman and CEO Frederick W. Smith said that he will consider retiring only after the company's current downtrend is reversed, and that he has anointed Rajesh Subramaniam, FedEx's president and COO, to...
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Cyber Monday Puts Major Retailers Walmart, Amazon, Target And Others In Focus
Monday, December 2, 2019 - 10:35am | 2182Read More...Happy Cyber Monday and welcome to the final month of 2019. Major stock indices are on pace to post their biggest yearly gains since 2013 after November’s impressive performance, but there’s still plenty to plough through before the clock strikes midnight on Jan. 1. It does seem highly...
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Target's Stock Surges After Third Quarter Earnings Beat
Wednesday, November 20, 2019 - 1:01pm | 513Read More...Target Corporation (NYSE: TGT) saw its stock surge Wednesday morning, Nov. 20, after the retailer reported sales growth and traffic surges for both its physical stores and its digital offerings for the third quarter of 2019. The company reported earnings per share (EPS) of $1.36, handily beating...
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Target Maintains Its Outperformer Ranking By Smashing Estimates, Yet Again!
Wednesday, November 20, 2019 - 11:04am | 864Read More...Target Corporation's (NYSE: TGT) business model has been enormously successful with its stock hitting all-time-highs. Its second quarter earnings exceeded Wall Street expectations, and now the company has maintained its retail outperformer status by smashing analysts' expectation with its...
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Tuesday's Market Minute: Earnings Stumble Out Of The Gate
Tuesday, November 19, 2019 - 10:20am | 491Read More...Earnings are off to a poorer start this week as Home Depot Inc (NYSE: HD) and Kohl's Corporation (NYSE: KSS) both missed. Although Home Depot reported revenue was impacted by investments into its business, which may pay off in the longer term, it cut its guidance for the second quarter in...
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Target Tells Suppliers To Eat Higher Tariff-Related Costs
Thursday, September 5, 2019 - 4:56pm | 322Read More...Retail giant Target Corp. (NYSE: TGT) has sent a blunt message to its suppliers – don't think of passing on higher tariff-related costs to us. In a letter to suppliers, the company said that it will "not accept any new cost increases related to tariffs on goods imported from China." Mark Tritton,...
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Target's Sales Boosted By Digital Channel And Enhanced Fulfillment Options
Wednesday, August 21, 2019 - 10:52am | 623Read More...Mega-retailer Target Corporation (NYSE: TGT) reported a 3.4 percent increase in comparable sales as traffic growth was 2.4 percent higher. Target's number of transactions increased 2.4 percent while the average amount of those transactions increased by 0.9 percent. Target's digital channel sales...
















