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4 Key Takeaways From Target's Earnings Call
TGTTarget(TGT) Investopedia·2024-08-21 16:24

Target (TGT) executives addressed the health of the American consumer, the importance of the retailer's same-day services, and more in Wednesday's second-quarter earnings call. Target's Q2 results surpassed estimates, sending its stock up 12% as of 11:30 a.m. ET Wednesday. The retailer also lifted its outlook for full-year earnings per share (EPS), but said it expects comparable store sales on the low end of its prior projection of flat to 2% growth. Discretionary Spending Outlook Target Chief Commercia ...