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-0.000100359286244779 -0.000863089861704917 -0.000682443146464406 -0.00112402400594127 -0.00369322173380709 -0.00273980851448186 0.00196704201039714 0.00230826358362935
Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research 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 Show less Read more
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