Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.
Nation’s largest trade group: holiday sales rose a better-than-expected 4%
Sales for the 2024 holiday shopping season turned out to be robust and better than expected, as easing inflation on merchandise drove shoppers to buy, according to the nation’s largest retail trade group.
Target’s Holiday Sales Were Strong. It’s a Relief for Investors.
While Target reported strong holiday sales on Thursday, it wasn’t enough to give the stock a boost.The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier,
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Target announces better-than-expected holiday sales, but investors wary of no profit update
In the third quarter, rival Walmart ( WMT) posted adjusted earnings per share of $0.58, alongside same-store sales growth of 5.3%. Walmart has not yet unveiled its holiday results but did raise its guidance for fiscal year 2025 for the third time last quarter.
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores rose 3% from last year and online sales increased by nearly 9%.
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target reports holiday period sales up 2.8%
Target (TGT) announced an update on its holiday sales performance for the combined November and December period, along with a number of changes
Santas shopped the sales at Target, resulting in a better-than-expected holiday bump
Heavy promotion and sales drew people into Target stores over the holidays, boosting comparable sales by 2% as people bought apparel and toys to put under the tree, the retailer said Thursday. While not robust compared with past holiday seasons,
Target revises holiday sales outlook on strong apparel, toy demand
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys ...
Retail sales point to strong holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the ...
Latest Retail Sales Report Supports Growth Outlook Despite Modest Pace
December 2024 retail sales were positive but slightly below expectations, with a monthly increase of 0.4%. Four consecutive ...