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Target gains after topping holiday sales expectations, backing profit guidance
Target Corporation (NYSE:TGT) announced on Thursday holiday sales rose 2.8%, reflecting a comparable sales increase of 2% and record-high sales during both the Black Friday and Cyber Monday promotional periods.
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target says its holiday sales were better than expected — but its profits weren't
So far, data from the retail industry's key season has been better than feared but has failed to impress investors. Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
13h
Target Corp. stock underperforms Wednesday when compared to competitors
Shares of Target Corp. TGT shed 1.42% to $134.53 Wednesday, on what proved to be an all-around great trading session for the ...
1h
Target revises holiday sales outlook on strong apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys ...
21h
on MSN
Is Target Corporation (TGT) the Best Dividend King Stock to Invest in Now?
We recently published a list of 10 Best Dividend Kings Stocks to Invest in Now. In this article, we are going to take a look ...
bovnews
5d
Target Corp (TGT) Stock: A Deeper Look at Its True Potential
Target Corp (TGT) stock saw a decline, ending the day at $138.22 which represents a decrease of $-1.03 or -0.74% from the prior close of $139.25. The stock opened at $139 and touched a low of $136.26 ...
3h
Target Co. (NYSE:TGT) Shares Purchased by Brookstone Capital Management
Brookstone Capital Management boosted its holdings in shares of Target Co. (NYSE:TGT – Free Report) by 4.7% in the fourth ...
14h
on MSN
Target Corp. stock underperforms Tuesday when compared to competitors
Shares of Target Corp. TGT shed 1.66% to $136.47 Tuesday, on what proved to be an all-around favorable trading session for ...
1d
How Target, Walmart are positioning their store brands like Up & Up, Better Goods
Target has been aggressively growing store brands like Good & Gather and Up & Up, which deliver better margins and help keep ...
2d
on MSN
Jim Cramer on Target (TGT): Here’s Why It’s Struggling
We recently published a list of 7 Consumer Goods and Retail Stocks on Jim Cramer’s Radar. In this article, we are going to ...
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