technical-look Diane Alter: Target Corporation (NYSE:TGT) stock is finally looking attractive again. After a massive December 2013 data breach affecting some 70 million customers costing the company $116 million, and a failed attempted foray into ...
The final leg of earnings season kicks off this week with notable earnings announcements from Wal-Mart Stores Inc., the world's largest retailer, Target Corporation, the second-largest U.S. discount retailer, and Home Depot Inc., the world's No.
Higher customer traffic, higher prices, and increased average basket size all contributed to Target's comps uptick. And e-commerce sales tacked on almost a full percentage point to comps this quarter: The online business was up 40%, year over year.
Target (NYSE: TGT ) announced surprisingly strong first-quarter earnings results on Wednesday. The retailer's profit bounced higher by 20% and comparable-store sales growth came in ahead of management's February forecast.
Target Corporation (NYSE:TGT) is scheduled to post first quarter results before the open of trade on Wednesday. The consensus of analysts polled by Thomson Reuters is for earnings of $1.03 a share, compared to 70 cents a share in the year ago period.
There are 13 research firms in total that have issued ratings on Target Corporation (NYSE:TGT) within the past year. The consensus, or mean target price of the Wall Street analysts covering the firm is $80.538.
Target Corporation (NYSE:TGT) indicated recently that it has embarked on a transformation path after a complete tactical review of its business along with a careful assessment of the changing retail landscape.