Target stock falls 21% as big discounting effort falls short - NBC News
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a …
Target sounds the alarm bell on holiday shopping - CNN
Nov 20, 2024 · Target also reported a sluggish sales increase of just 0.3% during its latest quarter. Shares of Target ( TGT ) plunged 22% Wednesday. It was Target’s worst trading day …
A tale of two retailers: Target reports ... - Associated Press News
Nov 20, 2024 · Target’s shares plummeted Wednesday, ending down more than 21%. Walmart’s share rose nearly 3% after posting its results Tuesday. The disappointing quarter at Target …
Target’s sales fell for the first time in 7 years | CNN Business
Mar 5, 2024 · Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016. Now it’s predicting a sluggish 2024 as shoppers are weighed down by …
A tale of two retailers: Target reports sluggish spending while …
Nov 20, 2024 · NEW YORK (AP) — Target on Wednesday reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on …
Target slashed prices. It paid off | CNN Business
Aug 21, 2024 · Target’s core middle-class customer base has been strained by higher prices and pulled back on discretionary goods like home decor, electronics and nonessential clothing in …
Target closes stores ahead of third quarter earnings report
Nov 13, 2023 · Target is gearing up for the holiday season, after dealing with slowing sales, backlash to its Pride collection and losses from theft.
Target Corporation Reports Second Quarter Earnings
Aug 21, 2024 · Target Corporation (NYSE: TGT) today announced its second quarter 2024 financial results, which reflected a return to topline growth and strong profit performance. The …
Target launches new paid membership program in ... - Associated Press News
Mar 5, 2024 · NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday …
Target raises 2024 profit forecast as price cuts draw shoppers
Aug 21, 2024 · Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year, driven by price cuts that attracted more …