There was one glimmer of good news for the beleaguered brand. Target Corporation’s stock (TGT) price has soared in premarket trading even after quarterly sales fell for the first time in six years, and the company lowered its 2023 forecast. At the time of this writing, TGT shares are up nearly 9% in premarket trading after the company released its Q2 2023 earnings.

BING NEWS:
  • Major Retailers See Stock Gains on Black Friday
    Apple, Amazon, Target, Walmart, Best Buy, Macy's, Kohl's and Nordstrom's stock prices slightly increased on Friday.
    11/29/2024 - 8:36 am | View Link
  • Kohl’s Stock Plunges 21% After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
    Shares of Kohl’s plummeted in premarket trading Tuesday after the retailer missed third-quarter earnings and revenue targets, and slashed its guidance.Adjusted earnings per share were reported at 20 ...
    11/26/2024 - 1:57 am | View Link
  • Target Stock Plunges: Should You Buy the Dip or Run for Cover?
    Back in its second-quarter earnings report in August, Target (NYSE: TGT) gave investors hope that it was finally turning the corner. Comparable sales rose 0.3% in the quarter as traffic was up 2.4%, ...
    11/24/2024 - 8:31 am | View Link
  • Target stock falls 21% as big discounting effort falls short
    The company announced profits that fell short of forecasts by 20%, its widest miss in two years. Revenues, meanwhile, came in under expectations for the first time in more than a year. Target's stock, ...
    11/20/2024 - 8:47 am | View Link
  • Target’s Stock Plunges 21% on Weak Sales Ahead of Holiday Season
    The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.
    11/20/2024 - 8:06 am | View Link
  • More

 

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