Target's online sales skyrocket as shoppers stock up from their homes [Reuters]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: Reuters
Target's online sales skyrocket as shoppers stock up from their homes (Reuters) - A surge in digital sales for U.S. retailer Target Corp ( TGT.N ) in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profitability from the costs of adjusting, it said on Thursday. The big box retailer said digital comparable sales have surged over 275% so far in April, with several days in the month recording more online sales than Cyber Monday, traditionally the busiest day for e-commerce companies. However, the company expects first-quarter profit to suffer from a 5 percentage point drop in margins due to temporary wage increases of $2 an hour for store and distribution center wor
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TGT
News
- Target Co. (NYSE: TGT) was downgraded by analysts at The Goldman Sachs Group, Inc. from a "buy" rating to a "neutral" rating. They now have a $101.00 price target on the stock.MarketBeat
- LVMH plunge puts spot as world's top luxury stock at risk after sales miss [MSNBC.com]MSNBC.com
- Luxury bellwether LVMH drops 8% on sales miss, dragging peers down [CNBC]CNBC
- Target Co. (NYSE: TGT) is now covered by analysts at Mizuho. They set a "neutral" rating and a $92.00 price target on the stock.MarketBeat
- JPMorgan analyst's ‘redacted' report spells out fear of Trump [Fortune]Fortune
TGT
Earnings
- 3/4/25 - Beat
TGT
Sec Filings
- 4/10/25 - Form 4
- 4/10/25 - Form 4
- 4/10/25 - Form 4
- TGT's page on the SEC website