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Target, sales
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 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 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 of the pack of retailers for the season. The Minneapolis-based retailer said Thursday its comparable sales rose about 2%,
Target Joins FIVE, GCO & ANF With Stellar Holiday Sales Performance
Key Takeaways Core retail sales rose 4% YOY to a record $994.1 billion, surpassing the National Retail Federation's forecast. A strong holiday season surge saw Target lift its sales forecast to 1.5% growth from the previous year.
Target sees strong 2024 holiday sales surge amid leadership overhaul
Target anticipates 1.5% growth in Q4 comparable sales and maintains its EPS guidance of between $1.85 and $2.45.
Target Stock In Focus After Better-Than-Expected Holiday Season Sales: Retail’s Upbeat
Shares of Target ($TGT) were in the spotlight as the retailer posted better-than-expected sales numbers for the holiday shopping season, lifting retail sentiment. The company said its total sales during the two holiday months grew 2.
3d
Massive Target sale on TVs, apparel and more — 15 deals I'm shopping now from $29
For starters, you can currently get up to 30% off activewear, basics and sneakers. This is perfect if you want to hit the gym ...
Hosted on MSN
1mon
Massive Target weekend sale on TVs, toys, electronics and more — 31 holiday deals I’m adding to my cart
The holidays will be here before we know it — and if you're hoping to check a few items off your holiday shopping list this weekend,
Target
has ... Roku's line of
TVs
are on
sale
.
3d
on MSN
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 ...
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