Target Corporation (NYSE:TGT) reported weaker-than-expected first-quarter results on Wednesday.
Target registered adjusted earnings per share of $1.30, missing analysts’ consensus estimate of $1.64. Quarterly sales of $23.85 billion (down 2.8% year over year) missed the Street view of $24.32 billion.
“In the first quarter, our team navigated a highly challenging environment and focused on delivering the outstanding assortment, experience and value guests expect from Target,” said Brian Cornell, chair and chief executive officer of Target Corporation. “While our sales fell short of our expectations, we saw several bright spots in the quarter, including healthy digital growth, led by a 36 percent increase in same-day delivery through Target …
Full story available on Benzinga.com
Target Corporation (NYSE:TGT) reported weaker-than-expected first-quarter results on Wednesday.
Target registered adjusted earnings per share of $1.30, missing analysts’ consensus estimate of $1.64. Quarterly sales of $23.85 billion (down 2.8% year over year) missed the Street view of $24.32 billion.
“In the first quarter, our team navigated a highly challenging environment and focused on delivering the outstanding assortment, experience and value guests expect from Target,” said Brian Cornell, chair and chief executive officer of Target Corporation. “While our sales fell short of our expectations, we saw several bright spots in the quarter, including healthy digital growth, led by a 36 percent increase in same-day delivery through Target …
Full story available on Benzinga.com
Target Corporation (NYSE:TGT) reported weaker-than-expected first-quarter results on Wednesday.
Target registered adjusted earnings per share of $1.30, missing analysts’ consensus estimate of $1.64. Quarterly sales of $23.85 billion (down 2.8% year over year) missed the Street view of $24.32 billion.
“In the first quarter, our team navigated a highly challenging environment and focused on delivering the outstanding assortment, experience and value guests expect from Target,” said Brian Cornell, chair and chief executive officer of Target Corporation. “While our sales fell short of our expectations, we saw several bright spots in the quarter, including healthy digital growth, led by a 36 percent increase in same-day delivery through Target …Full story available on Benzinga.com Read MoreEarnings, News, PT Changes, TGT, Price Target, Markets, Analyst Ratings, Trading Ideas, TGT, US87612E1064, News, Earnings, Price Target, Markets, Analyst Ratings, Trading Ideas, Benzinga Markets
