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Shares fell 3.5% in midday trading Wednesday. Quarterly sales fell 2.8% from last year to $23.85 billion, and that was short of the $24.23 billion Wall Street expected, according to FactSet.
Target said its comparable sales were down 3.7% in the most recent quarter when Walmart’s were up 3.8% and Amazon saw increases as well.
Target’s challenge to revive sales and its status as a cheap chic retailer just got more complicated. Sales fell more than expected and the retailer warned they will slip for all of 2025 ...
But it’s been a complicated feat even without the tariff trade wars. Target’s shares have fallen more than 37% in the past 52 weeks. Target rival Walmart reported strong quarterly sales last week.
But it’s been a complicated feat even without the tariff trade wars. Target’s shares have fallen more than 37% in the past 52 weeks. Target rival Walmart reported strong quarterly sales last week.
NEW YORK (AP) — Target’s challenge to revive sales and its status as a cheap chic retailer just got more complicated. The discounter announced on Wednesday that sales fell more than expected ...
Shares fell 3.5% in midday trading Wednesday. Quarterly sales fell 2.8% from last year to $23.85 billion, and that was short of the $24.23 billion Wall Street expected, according to FactSet.