Target's Q2 comparable sales up 2%, beat LSEG estimates of 1.15% Raises 2024 profit forecast to $9.00-$9.70/shr from $8.60-$9.60 CEO says shoppers responding to newness and price cuts Shares up 16 ...

The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” economy and backlash over its pullback from diversity policies.

Target Corp. turned in a strong fourth-quarter performance but offered a cautious financial forecast for this year as the retailer contends with shaky demand for discretionary goods.

Target’s Sales Forecast Is Down Thanks to Tariffs ... to monitor these trends and will remain appropriately cautious with our expectations for the year ahead,” chief financial officer Jim Lee ...

Target also cut prices on more than 2,000 items this holiday season. While shopper visits rose 2.4% during the three-month period, that was lower than the 3% traffic growth in the prior quarter.

Target came out like a monster and gave forecasts a vicious beating. Management’s forecasts were overly conservative as it underestimated the macroeconomic environment. Target saw same-store ...

Target Corp on Wednesday forecast profit below Wall Street expectations and estimated a drop in sales for the second quarter, as consumers pinched by persistently higher prices shun buying non ...