Target shares plummet in premarket trade as it posts disappointing earnings and cuts guidanceTarget's Q3 earnings missed expectations, leading to a 17% drop in shares and a cut to full-year financial guidance.
Target stock is falling: Price slashing may not be enough to improve 2024 holiday salesTarget's disappointing Q3 results reflect a decline in earnings and unmet analyst expectations, leading to a significant drop in share value.
A retail analyst says Target is 'falling behind' Walmart, Amazon, and Costco after earnings, but hope is not lostTarget's Q1 2024 earnings fell 3.7%, impacting stock price but aligning with company expectations.
Target shares plummet in premarket trade as it posts disappointing earnings and cuts guidanceTarget's Q3 earnings missed expectations, leading to a 17% drop in shares and a cut to full-year financial guidance.
Target stock is falling: Price slashing may not be enough to improve 2024 holiday salesTarget's disappointing Q3 results reflect a decline in earnings and unmet analyst expectations, leading to a significant drop in share value.
A retail analyst says Target is 'falling behind' Walmart, Amazon, and Costco after earnings, but hope is not lostTarget's Q1 2024 earnings fell 3.7%, impacting stock price but aligning with company expectations.
Target lowered prices on thousands of items and shoppers returned. Now its stock is soaringTarget's Q2 2024 results exceeded expectations, with EPS of $2.57 and revenue of $25.5 billion, reflecting positive consumer trends and strategic pricing.