cnbc.com_2 on Nostr: Summary of Target will report earnings before the bell. Here's what to expect ...

Summary of Target will report earnings before the bell. Here's what to expect

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Target will report earnings before the bell. Here's what to expect


Sales at the cheap chic retailer Target have gotten hit as consumers buy less discretionary merchandise.

https://www.cnbc.com/2024/08/21/target-tgt-q2-2024-earnings.html

Target will report quarterly earnings on Wednesday, as the retailer tries to recover from a period of weaker sales and profits. Analysts expect earnings per share of $2.18 and revenue of $25.21 billion. Target has been hurt by consumers buying fewer discretionary items and paying more for everyday expenses, but the company is trying to boost sales and foot traffic with price cuts and a loyalty program.