Target stock falls 21% as big discounting effort falls short - NBC News
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a pushed-up holiday sale.
A tale of two retailers: Target reports ... - Associated Press News
Nov 20, 2024 · Target’s shares plummeted Wednesday, ending down more than 21%. Walmart’s share rose nearly 3% after posting its results Tuesday. The disappointing quarter at Target may have reflected the financial circumstances and mood of U.S. consumers in …
Target Corporate: News & Features
Keep an eye on this space for the latest news and stories from Target — from company announcements to design partnerships to profiles of our team in action.
Target tumbles 22% after its sales and earnings fall short ... - CBS News
Nov 20, 2024 · Shares of Target plunged $34.27 to $121.78 in Wednesday afternoon trading. The retail chain said its third-quarter sales rose 1.1% to $25.7 billion, while net income dropped 12% to $854 million...
Target sounds the alarm bell on holiday shopping - CNN
Nov 20, 2024 · Target is expecting a surprisingly weak holiday shopping season, a potential warning sign for the retail industry.
Target to close 2 Seattle locations citing theft, safety of ... - KOMO
Sep 26, 2023 · Target will close nine store in four states, including two in Seattle, saying that theft and organized retail crime have threatened the safety of its workers.
These Target stores are closing in Seattle due to crime - king5.com
Sep 26, 2023 · SEATTLE — Target announced Tuesday it will close two Seattle area stores in October because theft and organized retail crime are making the locations unsafe for workers and shoppers.
Target Corporation Reports Third Quarter Earnings
Nov 20, 2024 · Target Corporation (NYSE: TGT) today announced its third quarter 2024 financial results, reflecting comparable sales growth driven entirely by traffic and strength in the digital channel. The Company reported third quarter GAAP and Adjusted earnings per share 1 (EPS) of $1.85 , compared with $2.10 in 2023.
As Seattle Targets close, shoppers question whether crime really is …
Sep 27, 2023 · Target cited crime concerns when it announced that its small, 5-year-old stores in Ballard and the U District will close. Some shoppers and community members aren’t buying it.
Target Falls Below Expectations After Dockworker Strike
Nov 20, 2024 · Target's 2024 third-quarter profit is down from $971 million ($2.10 per share) seen in the third quarter of 2023. Meanwhile, sales climbed to $25.67 billion, which is up from $25.4 billion last year.