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TGT Target Corp

157.00
-3.98 (-2.47%)
After Hours
Last Updated: 00:48:19
Delayed by 15 minutes
Share Name Share Symbol Market Type
Target Corp NYSE:TGT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -3.98 -2.47% 157.00 161.74 156.33 161.74 4,378,986 00:48:19

Target Backs Fourth-Quarter Profit View Despite Holiday Sales Miss

15/01/2020 12:06pm

Dow Jones News


Target (NYSE:TGT)
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From May 2019 to May 2024

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By Colin Kellaher

 

Target Corp. (TGT) on Wednesday affirmed its fourth-quarter earnings guidance despite posting disappointing holiday sales results.

The Minneapolis retailer said it still expects to report an adjusted profit of $1.54 to $1.74 a share for the quarter.

Analysts polled by FactSet, on average, are expecting adjusted earnings of $1.70 a share for the quarter.

Target said its holiday comparable sales rose 1.4%, missing the retailers expectations, amid weak sales of toys and electronics.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 15, 2020 06:51 ET (11:51 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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