Target Corp (TGT): Stocks dropped. "Target reported an a...

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schemingscientist

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schemingscientist

Re: None

Wednesday, 10/27/2021 2:51:25 AM

Wednesday, October 27, 2021 2:51:25 AM

Stocks dropped.

"Target reported an adjusted profit of $3.64 a share, beating forecasts for $3.49 a share, on sales of $25.16 billion, beating expectations for $24.99 billion. Comparable sales climbed 8.9% in the quarter, squeaking past the 8.8% average analyst estimate."

Source: https://www.barrons.com/articles/target-earnings-stock-51629283598

I mean, with the amount of competition Target is facing—IKEA, Walmart, Best Buy, and other home furniture or appliance stores that focus on the same commodities. It really has been tough.

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