Target boosts Q4 Outlook after strong holiday sales

Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Target on Thursday lifted its projection for comparable store sales growth in the fourth quarter on the back of a stronger-than-expected holiday shopping season.
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target Revises Holiday Sales Outlook on Strong Apparel, Toy Demand
Analysts surveyed by LSEG had expected fourth-quarter comparable sales to rise 0.2%. However, the retailer maintained its forecast for fourth-quarter and full-year adjusted earnings per share to be in the range of $1.85 to $2.45 and $8.30 to $8.90, respectively.
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target boosts Q4 outlook after strong holiday sales; announces C-suite retirements
Target had previously lowered sales outlook to flat growth after a disappointing third quarter. The improvement followed total sales growth of 2.8% during November and December and record sales during Black Friday and Cyber Monday promotions.
How Target, Walmart are positioning their store brands like Up & Up, Better Goods
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Target reports record high Black Friday sales, Christmas boost from toys and clothing
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Police search for suspects in alleged Target store theft, employee pepper sprayed
Oklahoma City Police are searching for three suspects who allegedly stole merchandise from a store and pepper sprayed an ...
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Unlock Target's Best Deals By Shopping This Hidden Gem In The Store
Target utilizes these gems placed in strategic locations to host items that can be up to 70% off -- if you shop on the right ...
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Hidden savings: The cost difference between shopping online and in-store at Target
Shoppers could spend more depending on where they buy their items. We compared Target prices online versus in-store.
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys ...