Target earnings report sends stock plummeting; lackluster holiday spending projected [Yahoo! Finance]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Yahoo! Finance
Shoppers didn't spend as much on apparel and other discretionary products such as furniture, appliances and electronics during the three-month period ending Nov. 2, 2024. However, sales of beauty products were up 6%. Target also forecast flat comparable sales during the current fourth quarter, which includes the holiday shopping season – a troublesome sign for the retail industry as a whole. During the third quarter, Target reported an increase in comparable sales of 0.3%, compared to a year ago, but that fell short of the average analyst estimate compiled by Bloomberg Sales at comparable stores fell 1.9%, while digital sales increased 10.8% during the quarter, the company said. It's a forecast that pales compared with Walmart's expected increase of 4.8%-to-5.1% in sales in the current quarter including the holiday shopping season, which the retailer announced Tuesday. Walmart earnings: Retailer projects fruitful holiday shopping season, stock jumps again "Consumers conti
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SPGI
News
- Who is Scott Bessent? What you need to know about Trump's Treasury secretary pick. [CBS News]CBS News
- Why Global-e Online Stock Zoomed Nearly 24% Higher This Week [Yahoo! Finance]Yahoo! Finance
- Taking Stock of the Earnings Picture [Yahoo! Finance]Yahoo! Finance
- Wall Street gains ground as it notches a winning week and another Dow record [Los Angeles Times (CA)]Los Angeles Times
- Saudi Arabia's Rating Upgraded by Moody's for the First Time [Yahoo! Finance Canada]Yahoo! Finance Canada
SPGI
Earnings
- 10/25/24 - Beat
SPGI
Sec Filings
- 11/20/24 - Form 4
- 11/15/24 - Form 4
- 11/7/24 - Form 4
- SPGI's page on the SEC website