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sales, Target
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’s Holiday Sales Were Strong. It’s a Relief for Investors.
Target reported strong holiday sales on Thursday, giving its stock a boost. The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier, and overall sales rose 2.
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 and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target raising Q4 sales forecast on record holiday sales
Target (TGT) is raising its fourth quarter sales forecast as the retailer reports record-high sales figures from its Black Friday and Cyber Monday promotions. The stock is under pressure on Thursday morning,
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target bumps up holiday sales forecast on robust apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December. Black Friday and Cyber Monday were record sales days,
Target Lifts Guidance on Higher Holiday Sales for Apparel, Toys
Target Corp. raised its sales guidance following a better-than-expected holiday season, bolstering the company’s turnaround efforts.
US retail sales end 2024 on a solid note
December Retail Sales Missed Expectations. Holiday Sales Were Still Solid.
Retail sales gained 0.4% in December from November, slightly below projections for a 0.5% increase, according to FactSet.
US retail sales rose modestly last month amid solid holiday shopping, boosting economy
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop.
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.
17h
on MSN
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 ...
21h
Target announces better-than-expected holiday sales, but investors wary of no profit update
In the third quarter, rival Walmart ( WMT) posted adjusted earnings per share of $0.58, alongside same-store sales growth of ...
6h
UK retail sales fall unexpectedly in December, adding to downbeat data
British retail sales fell unexpectedly in December, according to official data on Friday that added to a run of downbeat ...
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