Tag: TGT

Costco announced its October comps data yesterday. Its comps growth increased and its domestic sales sustained their momentum.

Kroger (KR) stock closed more than 11% higher yesterday after the company gave better-than-expected 2020 sales and EPS guidance.

Target has just announced a partnership with Toys R Us parent company Tru Kids Brands to manage online sales and order fulfillment.

The US retail sector has seen a bloodbath in the last five years. The latest to join the list is Forever 21, which filed for bankruptcy on Sunday.

Given the sharp rise in Target stock, the upside could be limited. However, we expect Target to continue to post healthy comps and earnings growth.

Target has announced it is teaming up with Disney to launch its shops inside 25 select Target stores in October, and another 40 stores by October 2020.

Most consumer stocks are outperforming broader markets this year. Investors are flocking to consumer stocks amid fears about an economic downturn.

Amid pessimism, retailers such as Target, Walmart, Costco, and Lowe’s are putting up stellar performances. Is Trump right to dismiss recession concerns?

Target stock rose more than 20% on Wednesday. The company beat the consensus estimates. Target also raised its fiscal earnings outlook.

Target stock rose more than 15% in the pre-market session following its stellar second-quarter results and robust outlook.