Target Hospitality (TH) Highlighting Continued Positive Trends, Updates FY20 Guidance

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Target Hospitality Provides Business Update Highlighting Continued Positive Trends and Corporate Strategy

September 30, 2020 6:45 AM EDT

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Target Hospitality Corp. (Target Hospitality, Target or the Company) (NASDAQ: TH), the largest provider of vertically-integrated specialty hospitality accommodations with premium catering and value-added hospitality services in the U.S., today is providing the following business updates as a result of continued positive trends in its core business.

As the economic outlook became increasingly uncertain during the second quarter of this year, we took aggressive actions to appropriately position Target to navigate this unprecedented operating environment. We quickly aligned our business to match customer demand, while maintaining a heightened focus on... More