by Mike Duff | Jan 16, 2025 | Retail Articles
Target Corp. issued a holiday sales performance update, including a 2% comparable sales gain, and announced a series of leadership changes made in part to boost the company’s technological and digital retailing capabilities. Target reported Mark Schindele, executive...
by Mike Duff | Nov 20, 2024 | Featured News, Retail Articles
Target reported shopper caution in discretionary spending pressured the retailer’s third-quarter sales and earnings, which fell short of expectations. Net earnings were $854 million, or $1.85 per diluted share, versus $971 million, or $2.10 per diluted share, in...
by Mike Duff | Sep 19, 2024 | Retail Articles
Target Corp. announced it named PepsiCo. veteran Jim Lee CFO and a member of its leadership team. Lee will supervise financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and...
by Mike Duff | Aug 21, 2024 | Featured News, Retail Articles
Target turned in strong second-quarter results as store traffic gains helped propel comparable sales growth. Net earnings were $1.19 billion, or $2.57 per diluted share, versus $835 million, or $1.80 per diluted share, in the year-before quarter, the company...
by Mike Duff | May 22, 2024 | Retail Articles
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
