However, Target, in January, announced 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 is set to report fourth-quarter earnings on Tuesday morning, with analysts largely bullish on the retailer's stock.
Target's e-commerce and ad businesses lag behind competitors like Amazon and Walmart. Read why staying on the sidelines of TGT stock is advised for now.
PROFIT: The retailer is expected to post a profit of $1.04 billion for the quarter that ended in early February, according to the consensus estimate of 25 analysts polled by FactSet. That's down from ...
Target’s revenue derived from advertising rose roughly 24% year over year to $649 million in 2024, according to an earnings statement. The retailer’s digital media business Roundel makes up ...
A preview of the hotly anticipated collaboration between Diane Von Furstenberg and Target was held on March 15 and 16, and if the crowd has its say — the collection is a hit. The unveiling was ...
Target analysts raise price targets ahead of Q4 results, but remain cautious given potential market share battles with Walmart and Amazon.
When Target (NYSE:TGT) posts quarterly results on Wednesday, investors would focus on sales guidance to get an insight into consumer spending trends for the year ahead. Wall Street expects the ...
Target. "Events & Presentations." Target. "Target Corp. Reports Fourth-Quarter and Full-Year 2023 Earnings." Morgan Stanley. "4Q24 Preview: Holiday as Preannounced, '25e Likely To Require ...