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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 |
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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