Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target says its holiday sales were better than expected — but its profits weren't
Target cut its profit guidance in early November after it posted its biggest earnings miss in two years and blamed some of its troubles on softer sales of discretionary merchandis
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target revises holiday sales outlook on strong apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December.
Target earnings up after holidays usher in more sales
MINNEAPOLIS — Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release. During Black Friday and Cyber Monday promotions, sales reached record highs.
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target Total Holiday Sales Rise, Expects Growth In Q4 Comparable Sales
Thursday reported sales update for November and December, revealing an increase of 2.8 percent and 2 percent in
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Key Takeaways Target said Thursday that its holiday sales exceeded expectations, leading the retailer to lift its fourth-quarter comparable sales growth projections.The retailer said it had record sales during its Black Friday and Cyber Monday promotional events,
Target boosts Q4 outlook after strong holiday sales; announces C-suite retirements
Target had previously lowered sales outlook to flat growth after a disappointing third quarter. The improvement followed total sales growth of 2.8% during November and December and record sales during Black Friday and Cyber Monday promotions.
Massive Target sale on TVs, apparel and more — 15 deals I'm shopping now from $29
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Target CSO Mark Schindele, CIO Brett Craig to retire
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The Samsung Frame 55-inch TV is $300 off at Target
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Target Will Pay You For Your Used Electronics
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