Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
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’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 reports holiday period sales up 2.8%
Target (TGT) announced an update on its holiday sales performance for the combined November and December period, along with a number of changes
Target revises holiday sales outlook on strong 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.
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 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 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 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.
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Target launches Lunar New Year collection designed by a Philadelphia artist
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From Cartier to Target, Investors Find Cheer in Holiday Spending
Consumers powered through concerns about high inflation and the U.S. job market for a 4% lift in holiday retail sales.
China Meets 2024 Growth Target Of ‘Around 5%’ After Stimulus Measures
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Target shares jump on better-than-expected Q4 comparable sales forecast
Target (NYSE:TGT) shares jumped around 4% in premarket trading Thursday after the retail giant lifted its forecast for ...