Target reports a 2.5% decline in comparable sales for Q4, compared to Bloomberg’s consensus estimate of a 2.47% decrease.
The company’s comparable digital sales grew by 1.9%, but below the expected 3.21% increase.
Revenue for the period was $13.8 billion, versus an expected $13.5 billion.
Target’s stock price rose in pre-market trading on Tuesday.
(This is developing news. Please check back later for updates.)
Use InvestingPro for in-depth analysis of Target’s earnings report
This article was translated with the assistance of AI. For more information, see our Terms of Use.
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Target's fourth-quarter comparable sales declined by 2.5%
Target reports a 2.5% decline in comparable sales for Q4, compared to Bloomberg’s consensus estimate of a 2.47% decrease.
The company’s comparable digital sales grew by 1.9%, but below the expected 3.21% increase.
Revenue for the period was $13.8 billion, versus an expected $13.5 billion.
Target’s stock price rose in pre-market trading on Tuesday.
(This is developing news. Please check back later for updates.)
Use InvestingPro for in-depth analysis of Target’s earnings report
This article was translated with the assistance of AI. For more information, see our Terms of Use.