Target (TGT) Says Q2 Should Not be Predictor of Long-Term Performance, August Comp Sales in Low Double-Digits - Bloomberg
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/9/2026
- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Target hits sales record on online surge, says August start 'solid'
August 19, 2020 6:34 AM EDTBy Aishwarya Venugopal and Melissa Fares
(Reuters) - Target Corp (NYSE: TGT) on Wednesday reported its best quarterly comparable sales growth and online revenue that nearly tripled as customers took advantage of the retailer's quick and contact-free delivery to shop for clothes, videogames and home decor.
Shares of the Minneapolis-based retailer jumped around 12% to a record high of $153.77 in morning trading after it handily trounced estimates for quarterly profit and revenue.
The surging demand seen at big-box chains at the height of the lockdown caused by the coronavirus pandemic has... More
Target (TGT) Tops Q2 EPS by $1.76
August 19, 2020 6:32 AM EDTTarget (NYSE: TGT) reported Q2 EPS of $3.38, $1.76 better than the analyst estimate of $1.62. Revenue for the quarter came in at $22.98 billion versus the consensus estimate of $20.09... More
