by Mike Duff | Aug 16, 2023 | Featured News, Retail Articles
Target Corp. managed to significantly boost earnings in the second quarter when the company experienced a more severe slowdown in sales than anticipated. In a conference call, Target chair and CEO Brian Cornell said the company has been adjusting to changing market...
by Mike Duff | May 17, 2023 | Featured News, Retail Articles
In the first quarter, Target Corp. shoppers visited stores more but spent less per visit for softer year-over-year earnings and flat comparable sales during a period still strong enough for Target to top Wall Street estimates. The company is adjusting operations to...
by Mike Duff | Feb 28, 2023 | Retail Articles
Although it produced mixed results, Target still did better in the fourth quarter than Wall Street expected. For the fourth quarter, Target recorded net earnings of $876 million, or $1.89 per diluted share, the company noted, versus $1.54 billion, or $3.21 per diluted...
by Mike Duff | Dec 12, 2022 | Retail Articles
The National Retail Federation announced Lowe’s Chairman and CEO Marvin Ellison will receive The Visionary award as part of the eighth annual NRF Foundation Honors on January 15, 2023, in New York. Presented annually to an outstanding retail industry leader, The...
by Mike Duff | Nov 16, 2022 | Featured News, Retail Articles
Target experienced declining discretionary product purchasing in the third quarter, which hit earnings as customers shopped for everyday needs while shifting to bargain hunting for other goods. The company posted net earnings of $712 million, or $1.54 per diluted...
