Target sales down amid fierce competition from rivals
The Minneapolis-based retailer said same-store sales were down for a fourth quarter in a row, even as competitors like Walmart saw increases.
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The Minneapolis-based retailer said same-store sales were down for a fourth quarter in a row, even as competitors like Walmart saw increases.
Target's first-quarter EPS was down 1% at $2.03, but operating margin improved by 0.1 points to 5.3%, reflecting a 1.4-point rise in gross margin to 27.7%.Sales fell by 3.1% to $24.5 billion, with a...
Target posted first-quarter earnings that came in weaker than the market expected.
U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump, U.S. retailers say. Americans, who...
Target stock drops on earnings miss