Target, sales

Target Revises Holiday Sales Outlook on Strong Apparel, Toy Demand
Analysts surveyed by LSEG had expected fourth-quarter comparable sales to rise 0.2%. However, the retailer maintained its forecast for fourth-quarter and full-year adjusted earnings per share to be in the range of $1.85 to $2.45 and $8.30 to $8.90, respectively.
Target says its holiday sales were better than expected — but its profits weren't
Discounts and sales events have remained a significant sales driver, as consumers emerge from a more than two-year stretch of high inflation. It’s unclear how much those deals will cut into Target’s and other retailers’ profit margins, and whether sales will keep improving if promotions fade away.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Target’s stock soars 3.7% as retailer raises guidance to reflect strong holiday sales
Target Corp.’s stock soared 3.7% early Thursday, after the retailer released a holiday sales update and raised guidance for a key metric after record sales for both Black Friday and Cyber Monday promotional events.
Target Shakes Up Leadership As It Announces Holiday Sales Grew 2.8 Percent
Target Corporation revealed a 2.8% increase in total holiday sales for November and December, amidst upcoming leadership changes.
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.
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Grady Judd: Four suspects arrested in Polk County racketeering scheme impacting Target stores
An alleged racketeering scheme, involving hundreds of thousands of dollars, has been uncovered in Polk County.
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Target grows grocery as part of 2K wellness assortment expansion
The new items, more than half of which will cost less than $10, include 250 additions to its Good & Gather line and actor Tom ...
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 ...
Target hopes momentum from holiday season jump-starts sales this year
Target leaned in heavily toward promotions and sales during the holidays, a strategy that seems to have left it in the middle ...