Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Target Corporation    TGT

TARGET CORPORATION

(TGT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Target : Shares Fall Premarket After Holiday Sales Shortfall

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/15/2020 | 07:30am EST

By Colin Kellaher

Target Corp. (TGT) shares fell more than 8% in premarket trading Wednesday after the retailer reported disappointing holiday sales.

Target said its comparable sales rose 1.4% for the November and December holiday period, missing its expectations, and warned that comparable sales growth for its full fiscal fourth quarter would miss the 3% to 4% growth it had predicted.

The Minneapolis company said its softer-than-expected holiday results reflect weak sales of toys and electronics.

Despite the sales shortfall, Target said it still expects to meet its earnings guidance for the quarter, thanks to a stronger-than-expected gross margin mix and productivity improvements in its stores and supply chain.

Target shares, which closed Tuesday at $125.26, were recently down 8.1% to $115.18 in premarket trading.

Write to Colin Kellaher at colin.kellaher@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TARGET CORPORATION
01/23Target Data Chief Aims to Revamp Online Business -- WSJ
DJ
01/22Target CIO Helped Retailer Find Its Tech Groove
DJ
01/21Target's Shipt, Office Depot in Same-Day-Delivery Partnership
DJ
01/20TARGET : A look at brick-and-mortar retailers growth and where customer experien..
AQ
01/18Bratspies Out As Walmart Shuffles Its Executives -- WSJ
DJ
01/17JPMORGAN CHASE, FEDEX, ALPHABET : Stocks That Defined the Week
DJ
01/17Walmart Shuffles Executive Ranks After Holiday Season--2nd Update
DJ
01/17Walmart Shuffles Executive Ranks After Holiday Season--Update
DJ
01/16Consumer Spending Solid at End of Holiday Shopping Season -- 3rd Update
DJ
01/16S&P 500 blasts through 3,300 as tech stocks surge
RE
More news
Financials (USD)
Sales 2020 78 051 M
EBIT 2020 4 665 M
Net income 2020 3 296 M
Debt 2020 10 184 M
Yield 2020 2,30%
P/E ratio 2020 18,0x
P/E ratio 2021 16,7x
EV / Sales2020 0,87x
EV / Sales2021 0,85x
Capitalization 57 930 M
Chart TARGET CORPORATION
Duration : Period :
Target Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TARGET CORPORATION
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 135,40  $
Last Close Price 114,32  $
Spread / Highest target 31,2%
Spread / Average Target 18,4%
Spread / Lowest Target -15,2%
EPS Revisions
Managers
NameTitle
Brian C. Cornell Chairman & Chief Executive Officer
John J. Mulligan Chief Operating Officer & Executive Vice President
Michael J. Fiddelke Chief Financial Officer & Executive Vice President
Michael E. McNamara Chief Information Officer & Executive VP
Rich Agostino Chief Information Security Officer & Senior VP
Sector and Competitors
1st jan.Capitalization (M$)
TARGET CORPORATION-9.89%57 930
COSTCO WHOLESALE CORPORATION5.64%137 170
WAL-MART DE MÉXICO, S.A.B. DE C.V.5.50%52 646
DOLLAR GENERAL CORPORATION-1.05%39 295
BURLINGTON STORES, INC.-3.20%14 515
DOLLARAMA INC.5.33%11 087