Target stock falls 21% as big discounting effort falls short - NBC News
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a pushed-up holiday sale.
A tale of two retailers: Target reports ... - Associated Press News
Nov 20, 2024 · Target’s shares plummeted Wednesday, ending down more than 21%. Walmart’s share rose nearly 3% after posting its results Tuesday. The disappointing quarter at Target may have reflected the financial circumstances and mood of U.S. consumers in …
News & Features - Target Corporate
Keep an eye on this space for the latest news and stories from Target — from company announcements to design partnerships to profiles of our team in action.
Target tumbles 22% after its sales and earnings fall short ... - CBS News
Nov 20, 2024 · Shares of Target plunged $34.27 to $121.78 in Wednesday afternoon trading. The retail chain said its third-quarter sales rose 1.1% to $25.7 billion, while net income dropped 12% to $854 million...
Target’s sales fell for the first time in 7 years | CNN Business
Mar 5, 2024 · Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016. Now it’s predicting a sluggish 2024 as shoppers are weighed down by higher prices and a...
Target is cutting prices on up to 5,000 items to lure back ... - CNN
May 20, 2024 · Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, as the retailer attempts to attract inflation-wary shoppers turned off...
Target launches new paid membership program in ... - Associated Press News
Mar 5, 2024 · NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an hour for orders over $35 and free two-day shipping.
Target Announces Plans to Deliver Enhanced Shopping …
Mar 5, 2024 · Target owned brand launches and expansions planned in 2024 will offer newness, innovation and value; Plans for hundreds of new stores and investments in most of Target's nearly 2,000 stores over the next decade will bring millions of consumers an enhanced guest experience
Target Corporation Reports Second Quarter Earnings
Aug 21, 2024 · Target Corporation (NYSE: TGT) today announced its second quarter 2024 financial results, which reflected a return to topline growth and strong profit performance. The Company reported second quarter GAAP and Adjusted earnings per share 1 (EPS) of $2.57 , compared with $1.80 in 2023.
Target Attempts Settlement Talks to End Pride Marketing Lawsuit
1 day ago · Target Corp. will try to settle a legal spat with an investor claiming backlash to the retailer’s marketing for Pride Month merchandise spurred a collapse in share value, documents show. Judge John Badalamenti for the US District Court for the Middle District of Florida approved on Jan. 6 a request by Target and the shareholder who brought the lawsuit to …