Target says holiday sales beat expectations -- but not profit as ...

Jan 16, 2025  · The retailer now expects same-store sales growth of 1.5% for stores open at …


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Target Says Holiday Sales Beat Expectations -- But Not Profit As ...

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Jan 16, 2025  · The retailer now expects same-store sales growth of 1.5% for stores open at …

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Target Announces Better-than-expected Holiday Sales, But …

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Jan 16, 2025  · In the third quarter, rival Walmart posted adjusted earnings per share of $0.58, …

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Target Lifts Comp Sales Outlook After Strong Holiday Shopping …

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Jan 16, 2025  · The retailer expects comparable sales to be up 1.5% in the fourth quarter …

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Target Shares Slide 21% As Retailer Expects Stagnant Holiday …

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Nov 20, 2024  · Minneapolis-based Target now expects flat comparable sales in the fourth …

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Nation's Largest Trade Group: Holiday Sales Rose A Better-than …

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Jan 16, 2025  · For the holiday period in 2023, sales increased 3.9% compared with the …

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A Tale Of Two Retailers: Target Reports Sluggish Spending

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Nov 20, 2024  · Sales rose to $25.67 billion, up from $25.4 billion last year, but fell shy of Wall …

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Target Exceeds Holiday Sales Expectations But Faces Profit Concerns

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Target posted better-than-expected holiday sales for 2025, reporting a 2.8% year-over-year …

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Target Announces Holiday Sales Exceeded Expectations — But Not …

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Jan 16, 2025  · The retailer now expects same-store sales growth of 1.5% for stores open at …

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FAQs about Target says holiday sales beat expectations -- but not profit as ... Coupon?

Is target's holiday sales better than expected?

Target on Thursday said its holiday sales were better than expected, though it kept its profit forecast the same. REUTERS The retailer now expects same-store sales growth of 1.5% — above previous expectations that it would stay flat. Bill Neibergall / USA TODAY NETWORK via Imagn Images ...

Did Santa leave target?

Santa left Target (TGT) some presents last holiday season, but it may not be enough for investors. The big box retailer announced total sales increased 2.8% year over year in November and December, with same-store sales jumping 2%. Record-high sales on Black Friday and Cyber Monday helped reverse the recent trend of lagging same-store sales growth. ...

Why did target cut its profit guidance in November?

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 merchandise and the costs of preparing for a short-lived port strike in October. Target's report is the latest glimpse into a crucial season for the industry. ...

Does target expect comparable sales in fiscal 4th quarter?

The big-box retailer now expects comparable sales in the fiscal fourth quarter to grow by about 1.5%. That's better than its most recent outlook that the metric would be approximately flat. Comparable sales includes sales on Target's website and stores open at least 13 months. ...

Is target dwindling its profits?

Target said products like clothing and toys – which are usually marked up higher than necessities like medicine and food – “saw a meaningful sales acceleration” compared to the quarter before. But, while Target and other retailers have been reporting robust sales, heavy discounting could be dwindling their profits. ...

How did target's sales perform in December?

Sales in its same-day delivery option Target Circle 360 grew 30%. The company also saw about 50% growth in Target Plus, its third-party marketplace. Traffic to Target stores and its website increased about 3% compared to the same period last year. December marked Target’s eighth month in a row of traffic gains compared to the year before. ...

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