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 says its holiday sales were better than expected — but its profits weren't
Target cut its profit guidance in early November after it posted its biggest earnings miss in two years and blamed some of its troubles on softer sales of discretionary merchandis
in Santas shopped the sales at Target, resulting in a better than expected holiday bump
The retailer saw record sales on Black Friday and Cyber Monday. (Elizabeth Flores/The Minnesota Star Tribune)
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 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 gains after topping holiday sales expectations, backing profit guidance
Target Corporation (NYSE:TGT) announced on Thursday holiday sales rose 2.8%, reflecting a comparable sales increase of 2% and record-high sales during both the Black Friday and Cyber Monday promotional periods.
Target’s stock rises as holiday sales show rebound from third-quarter doldrums
Target Corp.’s stock soared 3.7% early Thursday, after the retailer raised guidance for a key metric in an update on its ...
Target boosts Q4 outlook after strong holiday sales; announces C-suite retirements
Target Corp. (NYSE TGT) on Thursday boosted its fourth-quarter sales outlook, following a holiday shopping season that went ...
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