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 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 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 earnings up after holidays usher in more sales
MINNEAPOLIS — Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release. During Black Friday and Cyber Monday promotions, sales reached record highs.
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 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’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 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%.
Santas shopped the sales at Target, resulting in a better-than-expected holiday bump
Heavy promotion and sales drew people into Target stores over the holidays, boosting comparable sales by 2% as people bought apparel and toys to put under the tree, the retailer said Thursday. While not robust compared with past holiday seasons,
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.
Target launches Lunar New Year collection designed by a Philadelphia artist
Katie Mai, 25, a Vietnamese American illustrator living in Fishtown, is the artist behind Target's Lunar New Year collection.
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Target reports record high Black Friday sales, Christmas boost from toys and clothing
Target has increased its 4th Quarter sales outlook after reporting better-than-expected results from the Black Friday and Christmas period. The Minneapolis retailer announced Thursday that its ...
Target’s Balanced Outlook: Strong Sales Growth Amidst Margin and Macroeconomic Challenges Justifies Hold Rating
TD Cowen analyst Oliver Chen maintained a Hold rating on Target (TGT – Research Report) today and set a price target of $145.00.Stay Ahead of ...
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Why Target Stock Tanked on Thursday Morning
Shares of Target ( TGT -3.03%) were sliding in Thursday morning trading after the retailer disappointed Wall Street with its ...