Piper Jaffray Reiterates Overweight as Target (TGT) Experiences Slowdown in Digital Platform; Still Seeks 40% Digital Growth
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Target Reports Third Quarter 2015 Earnings
November 18, 2015 8:00 AM ESTAdjusted EPS up 8.6% to $0.86; Comparable sales up 1.9 percent
Third quarter Adjusted EPS of $0.86 was above the midpoint of the companys guidance of $0.79 to $0.89. The Company now expects full-year 2015 Adjusted EPS of $4.65 to $4.75, compared with prior guidance of $4.60 to $4.75. Third quarter comparable sales growth of 1.9 percent was near the high-end of the companys expectations, driven by traffic growth of 1.4 percent. On a two-year stacked basis, sales and traffic growth were stronger in the third quarter than either of the first two quarters of the year.... MoreTarget Corporation to Webcast 3rd Quarter Earnings Conference Call
November 17, 2015 8:01 AM ESTTarget Corporation (NYSE: TGT):
WHAT:
ÂTarget Corporations (NYSE: TGT) webcast of its 3rd quarter earnings conference call.
ÂWHEN:
... More