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Target reported net income of $942 million, or $2.03 per share, which is 3 cents short of analysts projections, according to a survey by FactSet. Profit for the period ended May 4 was also below ...
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
Target in recent years has added more food and essentials to its stores, but still trails Walmart, which gets around half of sales from groceries. Walmart’s sales increased 3.8% last quarter.
Target ended the quarter with almost $3.6 billion in cash. Second quarter earnings per share are projected to be $1.95 to $2.35, vs. estimates for $2.19.
Target announced Monday that about 5,000 of its frequently shopped items will see prices reduced in the coming weeks. The prices on about 1,500 items have already been cut, and all the remaining ...
Universal Thread, denim-based women's clothing [3] Wild Fable, women's clothing brand targeting gen-Z [4] Prologue, a line of sophisticated female clothing [5] Auden, an intimates and lingerie exclusive brand [6] Stars Above, an in-house brand for sleepwear [6] Colsie, an intimates and loungewear brand [6]