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Trade downs from higher income consumers, inventory levels, and current-quarter trends will be the focus for investors during retail earnings reports this week. At Target, analysts are projecting ...
Target saw its net sales drop 3.1% from a year ago to $24.5 billion in the first few months of 2024, and missed earnings estimates, with diluted earnings per share coming in at $2.03, compared ...
The U.S. consumer will be in focus this week, with the Commerce Department's monthly retail sales report and earnings results from two of the country's largest big box retailers all on deck.
Beat Wall Street earnings estimates for the second straight quarter after three straight misses. Second-quarter earnings per share are seen in a range of $1.30 to $1.70 vs. $1.96 estimate. Full ...
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The VanEck Retail ETF has risen slightly in the past five trading sessions as retail earnings have trickled in. The S&P 500 is up 1.5% over that same stretch. The S&P 500 is up 1.5% over that same ...
The earnings rundown. Net sales:-4.3% year over year to $25 billion, vs. estimates for $24.9 billion Gross profit margin: 27.4% vs. 24.7% a year ago, vs. estimates for 26.6% Diluted EPS: +36% year ...
Here's what Wall Street expects from Target, based on Bloomberg consensus data: Revenue: $30.46 billion expected. Adjusted earnings per share: $1.48 expected. Same-store sales: -1.74% expected ...