Target sales dip first time in 6 years amid Pride Month backlash, inflation
Target’s quarterly sales fell for the first time in six years, hurt in part by conservative backlash to the company’s Pride Month display.
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Target’s quarterly sales fell for the first time in six years, hurt in part by conservative backlash to the company’s Pride Month display.
Benzinga Home Depot's Q2 Performance: Revenue Dip, New Stock Buyback And More Home improvement retailer Home Depot Inc (NYSE: HD) reported a second-quarter FY23 sales decline of 2% year-on-year to $42.92 billion, beating the analyst consensus of $42.25 billion. EPS of $4.65 beat the analyst consensus of $4.46. The average ticket in Q2 was $90.07, a 0.1% growth, and sales per retail square foot declined 2.3% to $684.65. Home Depot sees sales and a comparable sales decline of 2% - 5% (representing
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