Big box retailer Target, much like Walmart, is suffering big blows from high costs and inventory issues. The company saw its shares sink 25% on Wednesday to a new 52-week low after the company said its quarterly profits for Q1 got hit by supply chain troubles, higher fuel costs and lower than expected sales of … Continue reading “Shares of Target Plummet as Company Announces High Costs and Inventory Problems Hitting Profits”
Tag: target earnings
Featured
Target Shares Fall Despite Company Beating on Earnings Estimates
Shares of Target were falling on Wednesday after reporting fiscal third quarter financial results that…
November 17, 2021
Company News
Target Sees Profits Jump 80% in Blow Out Second Quarter
Big box retailer Target reported second quarter financial results this week revealing profits that jumped…
August 21, 2020
Target Beats Q1 Expectations with Strong E-commerce Growth
This week big-box retailer Target beat first-quarter earnings and revenue expectations with help from its…
May 22, 2020
Hot Stocks
Target Excites Wall Street With Third Quarter Financial Results
Shares of big-box retailer Target where seeing big gains on Wednesday after the company reported…
November 20, 2019
Hot Stocks
Target to Launch its Largest Brand Good & Gather
This week big box retailer Target announced that it is launching its biggest brand yet,…
August 19, 2019
Hot Stocks
Target Shares Sink on Weak Third Quarter Report
Big-box retailer Target reported third quarter results that did not meet up to expectations on…
November 21, 2018
Hot Stocks
State of the Economy Just Sent Shares of Target Flying to a New High
Big-box retailer Target just reported its second quarter earnings report that had Wall Street cheering…
August 22, 2018
Hot Stocks
Target Shares Fall After Dismal First Quarter Results
Shares of retail giant Target Corp. were in the red on Wednesday after reporting a…
May 23, 2018
Hot Stocks
Target’s Same-Day Delivery Service Will be Available This Year Throughout the Country
Target's CEO, Brian Cornell made some remarks on the company's new delivery system on CNBC…
February 2, 2018
Target’s CEO Gets His Pay Slashed
Well it's kind of uderstandable that if a company doesn't do well, that it's CEO…
May 1, 2017
Hot Stocks
Target Corp. (TGT) Just Cut Its Profit Forecast
Target shares fell slightly in afternoon trading on Wednesday after the company announced that it…
August 18, 2016