by Mike Duff | Sep 19, 2024 | Retail Articles
Target Corp. announced it named PepsiCo. veteran Jim Lee CFO and a member of its leadership team. Lee will supervise financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and...
by Mike Duff | Aug 21, 2024 | Featured News, Retail Articles
Target turned in strong second-quarter results as store traffic gains helped propel comparable sales growth. Net earnings were $1.19 billion, or $2.57 per diluted share, versus $835 million, or $1.80 per diluted share, in the year-before quarter, the company...
by Mike Duff | May 22, 2024 | Retail Articles
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
by Mike Duff | Mar 6, 2024 | Retail Articles
Target announced at its financial community meeting this week updates to its loyalty program and own-brand assortment. The own-brand move follows the launch of the Dealworthy everyday essentials label. Meanwhile, as initially discussed at the financial community...
by Mike Duff | Mar 5, 2024 | Featured News, Retail Articles
Fourth-quarter results signal gains ahead for Target, despite lower-than-expected sales for the period, Target Chairman and CEO Brian Cornell told participants in the company’s annual investment community event. Net earnings for the 14-week fourth quarter were $1.38...
