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Target

iPhone 15 Pro, Pixel 8, Xbox Series X, AirPods Pro 2, and other deals

by Edgar Davis
iPhone 15 Pro, Pixel 8, Xbox Series X, AirPods Pro 2, and other deals

It’s not just Walmart’s Black Friday 2023 ad that’s available online for you to pick and choose the deals you’ll want to grab next week. Target also released its Black …

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Walmart sounds a note of caution on consumers ahead of holidays, shares fall

by Lionel Rogers
Walmart sounds a note of caution on consumers ahead of holidays, shares fall

By Reuters Published Nov 17, 2023 Walmart on Thursday said U.S. consumers are acting more cautious with spending as the holiday season gets underway, even as the largest U.S. retailer …

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Macy’s smashes profit estimates as leaner inventory lifts margins, shares jump

by Lionel Rogers
Macy’s smashes profit estimates as leaner inventory lifts margins, shares jump

By Reuters Published Nov 17, 2023 Macy’s crushed analysts’ estimates for quarterly profit on lower inventories and strong demand for beauty products, sending the department store operator’s shares surging as …

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Gap surpasses expectations in early win for new CEO Dickson

by Lionel Rogers
Gap surpasses expectations in early win for new CEO Dickson

By Bloomberg Published Nov 16, 2023 Gap Inc. reported third-quarter profit that exceeded forecasts and a smaller-than-expected drop in comparable sales, showing that Chief Executive Officer Richard Dickson is having …

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Target’s triumph: Earnings soar despite sales downturn

by Edgar Davis
Target’s triumph: Earnings soar despite sales downturn

Target Corporation (NYSE: TGT) defied market expectations by reporting a substantial earnings beat in its fiscal third quarter. This reported earnings beat cause shares to rise sharply during the trading …

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TJ Maxx parent sees downbeat holiday earnings as higher costs weigh

by David Johnson
TJ Maxx parent sees downbeat holiday earnings as higher costs weigh

By Reuters Published Nov 16, 2023 TJX Cos forecast current-quarter profit below Wall Street expectations on Wednesday, signaling that spiraling costs were weighing on the off-price retailer’s margins even as …

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Target shares surge on margin improvement, inventory drawdown

by Lionel Rogers
Target shares surge on margin improvement, inventory drawdown

By Reuters Published Nov 16, 2023 Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply chain costs finally eased and its efforts to control inventory started to pay off, …

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Discount retailers’ sales rebound with anxious shoppers seeking deals

by Lionel Rogers
Discount retailers’ sales rebound with anxious shoppers seeking deals

By Bloomberg Published Nov 14, 2023 Value retailers are holding up against a broader spending pullback as persistent anxiety over the economy and a softening job market drive shoppers to …

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US retailers stuck with excess stock offer bargains as holiday season nears

by David Johnson
US retailers stuck with excess stock offer bargains as holiday season nears

By Reuters Published Nov 14, 2023 As the holiday shopping season approaches, major U.S. retailers from Walmart to Macy’s could be saddled with too much stock for a second straight …

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Walmart, Target earnings to offer clues on crucial holiday season

by Lionel Rogers
Walmart, Target earnings to offer clues on crucial holiday season

​With a mixed picture of consumer demand emerging over the past quarter, earnings results from Walmart and Target on Wednesday and Thursday respectively will shed light on what lies ahead …

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