Target (TGT) stock drops on earnings miss
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Target Corporation Reports First Quarter Earnings
May 22, 2024 6:30 AM EDTMINNEAPOLIS, May 22, 2024 /PRNewswire/ --Â
First quarter operating income margin rate of 5.3 percent reflects a 140 basis point improvement in gross margin rate as compared to the prior year.First quarter comparable sales declined 3.7 percent, in line with expectations.Digital comparable sales grew 1.4 percent. Same-day services grew nearly 9 percent, led by more than 13 percent growth in Drive Up.Sales declines, primarily in discretionary... MoreTarget Corporation to Webcast 1st Quarter Earnings Conference Call on Wednesday, May 22, 2024
May 21, 2024 8:00 AM EDTMINNEAPOLIS, May 21, 2024 /PRNewswire/... More
Target Will Help Consumers Save Big by Lowering Prices on 5,000 Frequently Shopped Items
May 20, 2024 6:01 AM EDTShoppers will enjoy lower prices on food, beverages and household essentials
MINNEAPOLIS, May 20, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) announced today it will lower everyday regular prices on approximately 5,000 frequently shopped items across its assortment.1 The retailer has just reduced prices on about 1,500 items, with thousands more price cuts planned to take... More
