Tag Archives: target

Retail sales in the U.S. increased by 0.4% in September, surpassing expectations and signaling continued economic resilience in the third quarter. This follows a modest 0.1% gain in August, according to the Commerce Department. Economists had anticipated a 0.3% rise, with estimates ranging from no change to an 0.8% increase. …

The US Census Bureau revealed on Monday that Retail Sales in the US experienced a 0.7% increase in March, reaching $709.6 billion. This figure follows a revised 0.9% rise (originally reported as 0.6%) in January and surpassed market forecasts of 0.3%. Excluding automobile sales, Retail Sales surged by 1.1% during …

In November, retail sales in the United States increased by 0.3% on a monthly basis, reaching $705.7 billion, according to data released by the US Census Bureau on Thursday. This figure marked an improvement from the revised 0.2% decline (previously reported as -0.1%) in October and surpassed market expectations, which …

The US Census Bureau’s October Retail Sales report is expected to reveal a decline in consumption for the first time since March. Economists predict a 0.3% decline in October, with sales ex-autos compared to the prior release of 0.6%. Deutsche Bank expects weak unit motor vehicle sales to lead to …

Target Corporation climbed on Wednesday after seeing a brief decline following the Q1’s earnings report, as analysts noted that the results were better than pessimistic projections had suggested.Target’s sales declined in the most recent quarter as consumers ceased routinely splurging on trendy clothing, home goods, and other things that account …

The S&P 500 retreated and the main US indexes are expected to record monthly losses on Tuesday as Treasury yields surged while investors are focused on bets concerning upcoming interest rate decision which is seen high for longer. Bank of America Global Research warned the Fed could even hike interest …

Target delivered better-than-expected earnings for the fourth quarter but warned about a slowdown as consumers continue to focus on necessities. Shares are still trading about 5% higher in pre-market Tuesday. Target posted of $1.89 on revenue of $31.4 billion, beating the average analyst estimate for earnings of $1.40 per share on …

When Walmart and Target report their quarterly earnings this week, investors will gain some insight into how big retail is handling inflation—and stocks across the sector will likely feel the aftershocks.The two companies are important bellwethers for the retail industry and consumer spending. And in recent months, both Walmart and …

The stock markets dropped on Wednesday, extending their run this year as earnings from retailers including Target and Walmart reinforced concerns about the health of the US economy.The sharp declines were sparked after retailers warned they were facing higher costs and slowing sales, both of which were eating into their …

Target said fiscal third-quarter 2021 sales jumped 13% as shoppers head for Halloween costumes and back-to-school supplies and look for holiday gifts early. Earnings per share amounted to $3.03, adjusted against expectations of $2.83, and the company recorded revenues of $25.65 billion, compared to $24.78 billion.