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Target signals another weak holiday quarter, shares tumble

11 monthes ago   |   By

Target Corp's holiday-quarter profit forecast fell short of analyst expectations, sending its shares down 10 percent on Wednesday as hopes faded that the retailer would make a shopping season comeback.
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Target cautiously looks ahead to holiday shopping season, while its stock drops 9%

11 monthes ago   |   By

Target Corp.'s cautious outlook on the crucial holiday season overshadowed progress the retailer made in bringing more customers to its stores, and its stock fell more than 9% on Wednesday morning. Other retailers' stocks fell too, even though overall economic figures show people still spending. ...
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Target shares sink as promotions darken holiday outlook

11 monthes ago   |   By

Target Corp's profit forecast for the key holiday quarter fell short of analyst expectations, sending its shares down nearly 10 percent, as the retailer continues to cut prices and invest in its delivery options to attract more customers.
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Target sees highly competitive holiday on the way

11 monthes ago   |   By

A cautious outlook on the crucial holiday season overshadowed a strong quarter from Target, pulling shares down sharply before the opening bell and the shares of other retailers as well. The company on Wednesday reported higher traffic and sales at established stores rose as a campaign to improve...
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Target's holiday-quarter profit forecast disappoints, shares dip

11 monthes ago   |   By

Target Corp issued a disappointing profit forecast for the key holiday quarter as it continues to depend on price cuts to drive traffic to its stores and online, sending its shares down 4 percent in premarket trading.
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Target Offers Bleak Holiday Season Profit Forecast and Investors Pounce

11 monthes ago   |   By

Target's tgt return to growth is proving to be a bit expensive for many investors, and shares fell sharply on Wednesday on the retailer's underwhelming holiday quarter profit forecast.
The discount retailer reported good news on the sales front, with comparable sales rising 0.9% in the third quarter, beating the average analyst estimate of 0.4%, according to Consensus Metrix. And more crucially, as a leading indicator of consumer interest in the retailer heading into the peak of the holiday season, visits to stores rose 1.4%.
That suggests that Target's efforts at better integration...
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