Target Lifts Comp Sales Outlook

Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
Target’s Holiday Sales Were Strong. The Stock Is Still Falling.
While Target reported strong holiday sales on Thursday, it wasn’t enough to give the stock a boost.The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier,
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Target on Thursday lifted its projection for comparable store sales growth in the fourth quarter on the back of a stronger-than-expected holiday shopping season.
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Target raising Q4 sales forecast on record holiday sales
Target (TGT) is raising its fourth quarter sales forecast as the retailer reports record-high sales figures from its Black Friday and Cyber Monday promotions. The stock is under pressure on Thursday morning,
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target hopes momentum from holiday season jump-starts sales this year
Target leaned in heavily toward promotions and sales during the holidays, a strategy that seems to have left it in the middle of the pack of retailers for the season. The Minneapolis-based retailer said Thursday its comparable sales rose about 2%,
Target earnings up after holidays usher in more sales
Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release.
Target’s Sales Surge and Strategic Initiatives Bolster Buy Rating
Analyst Kate McShane of Goldman Sachs maintained a Buy rating on Target (TGT – Research Report), with a price target of $164.00.Stay Ahead of ...
Target Revises Holiday Sales Outlook on Strong Apparel, Toy Demand
Analysts surveyed by LSEG had expected fourth-quarter comparable sales to rise 0.2%. However, the retailer maintained its ...
Target reports record high Black Friday sales, Christmas boost from toys and clothing
Target has increased its 4th Quarter sales outlook after reporting better-than-expected results from the Black Friday and Christmas period. The Minneapolis retailer announced Thursday that its ...
Target Corporation: Balancing Modest Sales Growth and EPS Challenges Amid Positive Discretionary Spending Outlook
Stifel Nicolaus analyst Mark Astrachan maintained a Hold rating on Target (TGT – Research Report) yesterday and set a price target of ...
This under-desk treadmill is less than $200 at Target, but only through Jan. 18
Target is having a major sale on all things active, including this under-desk walking pad. Now just $173.99, the Costway ...