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Target made its move on Monday, saying it has already reduced prices on about 1,500 items and plans to cut prices on thousands more this summer. Many of those cheaper items are staples, such as ...
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 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 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 saw its net sales drop 3.1% from a year ago to $24.5 billion in the first few months of 2024, and missed earnings estimates, with diluted earnings per share coming in at $2.03, compared ...
Target Australia Pty Ltd (formerly Lindsay's and Lindsay's Target, formerly stylised as Target. and doing business as Target and Target Australia) is a department store chain owned by Australian retail conglomerate Wesfarmers. Target stocks clothing, cosmetics, homewares, electronics, books, and toys selling both in-store and online. [3]
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