Target Shares Slide On Soft Update Heading Into Holiday Season

4 days ago · Target Financial Update. Net income at Target fell to $854 million for the quarter ended Nov. 2, compared with $971 million in the same period a year prior, while total revenue …

CouponFollow Extension

$854
OFF

Target Shares Slide On Soft Update Heading Into Holiday Season

4 days from now

4 days ago · Target Financial Update. Net income at Target fell to $854 million for the quarter ended Nov. 2, compared with $971 million in the same period a year prior, while total revenue …

forbes.com

21%
OFF

Target Shares Slide 21% As Retailer Expects Stagnant Holiday …

4 days from now

5 days ago · With five fewer holiday shopping days between Thanksgiving and Christmas in what is expected to be a so-so holiday season, retailers such as Target face competition as …

reuters.com

4%
OFF

Target Earnings: Stock Falls As Retailer Forecasts Flat Holiday Sales

4 days from now

4 days ago · Target also cut prices on more than 2,000 items this holiday season. While shopper visits rose 2.4% during the three-month period, that was lower than the 3% traffic growth in the …

usatoday.com

21%
OFF

Target Shares Slide 21% As Retailer Expects Stagnant Holiday ... - MSN

4 days from now

Target also trimmed its annual forecast for per-share earnings to between $8.30 and $8.90 from its prior range of $9 to $9.70 after weaker-than-expected third-quarter results.

msn.com

$112
OFF

Target Corporation (TGT) Stock Price, Quote & News - Stock Analysis

4 days from now

2 days ago · Target Corporation's weak guidance for the holiday season and softness in discretionary categories lead me to initiate a “Sell” rating with a fair value of $112 per share. ...

stockanalysis.com

$4.79
OFF

Target Cutting Prices On More Than 2,000 Items Heading Into The …

4 days from now

Oct 22, 2024 · Target gave the following examples of items that will see cuts: Crisco Vegetable Oil (40 fl. oz) now $4.79 (down from $5.29) Coffee Mate Natural Bliss Sweet Cream Creamer …

nbcnews.com

$23.51
OFF

Target’s Shares Tumble On Soft Holiday Outlook

4 days from now

Nov 16, 2022 · Shares of Target fell $23.51, or 13.1 percent, to $155.47 Wednesday after the retailer reported third-quarter profits plunged 52 percent and warned of a sluggish holiday …

sgbonline.com

FAQs about Target Shares Slide On Soft Update Heading Into Holiday Season Coupon?

Will target's holiday shopping season be a warning sign?

Target is expecting a surprisingly weak holiday shopping season, a potential warning sign for the retail industry. The company forecast Wednesday that sales during the final quarter of the year will be flat, and Target lowered its profit forecast. Target also reported a sluggish sales increase of just 0.3% during its latest quarter. ...

Will target's softness linger into the holiday season?

"Things have taken a turn (for Target) in Q3. And it seems that the softness is going to linger into the holiday season as well," CFRA analyst Arun Sundaram said. Lingering weakness in higher-margin categories such as home decor, electronics has hurt Target this year, as shoppers watch their budgets in the face of still-high inflation. ...

Does target survive the holiday season?

Target is a bellwether for consumers’ spending habits and the retail sector as a whole. The holiday shopping season is pivotal for retailers. While Target can survive a weak holiday stretch, many smaller companies depend on strong sales during the holidays to carry them through the following months. ...

Will target cut prices this summer?

In May, Target announced it would cut prices on about 5,000 items, saving Target guests millions of dollars this summer. The retailer surpassed its 5,000-item price cuts promise, lowering prices on over 8,000 total items year to date. By the end of the holiday season, Target will have lowered prices on over 10,000 items during the year. ...

Could target use holiday cheer from shoppers?

Target could use some holiday cheer from shoppers after the retailer reported a decline in sales over the last three months – and expectations of a lackluster holiday shopping season. Shoppers didn't spend as much on apparel and other discretionary products such as furniture, appliances and electronics during the three-month period ending Nov. 2. ...

Does target have a decline in sales in 2024?

Target saw a decline in sales during the third quarter of 2024 and expects flat sales in the current quarter, including the holiday shopping season. ...