Target, sales

Target says its holiday sales were better than expected — but its profits weren't
Discounts and sales events have remained a significant sales driver, as consumers emerge from a more than two-year stretch of high inflation. It’s unclear how much those deals will cut into Target’s and other retailers’ profit margins, and whether sales will keep improving if promotions fade away.
Target sees strong 2024 holiday sales surge amid leadership overhaul
Target anticipates 1.5% growth in Q4 comparable sales and maintains its EPS guidance of between $1.85 and $2.45.
Target’s Holiday Sales Were Strong. The Stock Is Still Falling.
While Target reported strong holiday sales on Thursday, it wasn’t enough to give the stock a boost.The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier,
Target hopes momentum from holiday season jump-starts sales this year
Target leaned in heavily toward promotions and sales during the holidays, a strategy that seems to have left it in the middle of the pack of retailers for the season. The Minneapolis-based retailer said Thursday its comparable sales rose about 2%,
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Positive Outlook for Target: Strong Holiday Sales and Margin Improvement Drive Buy Rating
Morgan Stanley analyst Simeon Gutman maintained a Buy rating on Target (TGT – Research Report) yesterday and set a price target of $160.00.Stay
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target earnings up after holidays usher in more sales
Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release.
Target Revises Holiday Sales Outlook on Strong Apparel, Toy Demand
Analysts surveyed by LSEG had expected fourth-quarter comparable sales to rise 0.2%. However, the retailer maintained its ...
Target's Holiday Sales Surge 2.8%: Digital Growth And Black Friday Wins Drive Results
Target Corp (NYSE:TGT) reported a 2.8% increase in holiday sales during the November and December period. The company saw ...
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Target taps new execs to lead store and digital teams
Two longtime company veterans are retiring as part of the changes, which came as the retailer reported encouraging sales ...
From Cartier to Target, Investors Find Cheer in Holiday Spending
Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.
Target Customers Just Looking For Deals? Stock Flashes Bearish Warnings As EPS Guidance Unchanged Despite Record Holiday Sales
Target Corporation's sales grew by 2.8% over the last two months, with record-high sales during the 'deals' in holiday ...