Target boosts Q4 Outlook after strong holiday sales

Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast, as customer traffic across stores and its website rose and deals attracted holiday shoppers. The discounter said Black Friday and Cyber Monday saw record-high sales.
Target Total Holiday Sales Rise, Expects Growth In Q4 Comparable Sales
Thursday reported sales update for November and December, revealing an increase of 2.8 percent and 2 percent in
Target boosts Q4 outlook after strong holiday sales; announces C-suite retirements
Target had previously lowered sales outlook to flat growth after a disappointing third quarter. The improvement followed total sales growth of 2.8% during November and December and record sales during Black Friday and Cyber Monday promotions.
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Key Takeaways Target said Thursday that its holiday sales exceeded expectations, leading the retailer to lift its fourth-quarter comparable sales growth projections.The retailer said it had record sales during its Black Friday and Cyber Monday promotional events,
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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