4 Reasons to Forget Target and Buy Walmart Instead

Target seems to be falling behind Walmart in the U.S. market.Target (TGT 0.57%) recently posted its latest earnings report. For the first quarter of fiscal 2024, which ended on May 4, the retail-giant's revenue fell 3% year over year to $24.53 billion but still roughly matched analysts' expectations. Its comparable-store sales dropped nearly 4%, which marked the fourth consecutive quarter of declining comps.On the bottom line, adjusted earnings per share (EPS) dipped 1% to $2.03 and missed the consensus for ...