US87612E1064 - Common Stock
TARGET CORP
NYSE:TGT (11/20/2024, 9:46:10 AM)
123.12
-31.76 (-20.51%)
Target Corp. engages in the operation and ownership of general merchandise stores. The company is headquartered in Minneapolis, Minnesota and currently employs 415,000 full-time employees. The firm serves guests at nearly 2,000 stores and at Target.com. The company offers to its customers, referred to as guests, everyday essentials and fashionable, differentiated merchandise at discounted prices. The majority of its stores offer a wide assortment of general merchandise and food. Its merchandise categories include apparel and accessories, beauty and household essentials, food and beverage, hardlines, and home furnishings and decor. Most of its stores larger than 170,000 square feet offer a variety of general merchandise and a full line of food items comparable to traditional supermarkets. Its digital channels include a wide merchandise and food assortment, including many items found in its stores, along with a complementary assortment sold by the Company and third parties. Its brands include A New Day, Ava & Viv, Cloud Island, Favorite Day, and others.
TARGET CORP
1000 Nicollet Mall
Minneapolis MINNESOTA 55403
P: 16123046073
CEO: Brian C. Cornell
Employees: 415000
Website: https://corporate.target.com/
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General merchandise retailer Target (NYSE:TGT) missed Wall Street’s revenue expectations in Q3 CY2024 as sales only rose 1.1% year on year to $25.67 billion. Its non-GAAP profit of $1.85 per share was 19.6% below analysts’ consensus estimates.
/PRNewswire/ -- Third quarter comparable sales increased 0.3 percent, driven by strong traffic and digital performance. Guest traffic grew 2.4 percent over the...
Discretionary retail sales seem to be improving and the Target earnings report will shed more light.
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