Target bumps up holiday sales forecast on robust apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December. Black Friday and Cyber Monday were record sales days,
Target says its holiday sales were better than expected — but its profits weren't
Target cut its profit guidance in early November after it posted its biggest earnings miss in two years and blamed some of its troubles on softer sales of discretionary merchandis
Target boosts Q4 outlook after strong holiday sales; announces C-suite retirements
Target Corp. (NYSE TGT) on Thursday boosted its fourth-quarter sales outlook, following a holiday shopping season that went better than expected for the Minneapolis-based retailer. The company also noted several retirements from its executive suite.
Target revises holiday sales outlook on strong apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December.
in Santas shopped the sales at Target, resulting in a better than expected holiday bump
The retailer saw record sales on Black Friday and Cyber Monday. (Elizabeth Flores/The Minnesota Star Tribune)
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 Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Key Takeaways Target said Thursday that its holiday sales exceeded expectations, leading the retailer to lift its fourth-quarter comparable sales growth projections.The retailer said it had record sales during its Black Friday and Cyber Monday promotional events,
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