Tuesday, March 3, 2020

Target earnings beat expectations, boosted by online sales

Yahoo Finance
Target reported quarterly earnings on Tuesday that beat Wall Street estimates, boosted by surging digital sales.

Here were the main numbers for Target’s fiscal fourth quarter, compared with Bloomberg estimates:
Revenue: $23.40 billion vs. $23.44 billion expected
Adjusted EPS: $1.69 vs. $1.66 expected
Same-store sales: +1.5% vs. +1.5% expected
. . . more