Target Shares Plunge on Earnings Miss and Weak Guidance
From Financial Modeling Prep: 2024-11-21 04:11:49
Target Corporation reported disappointing Q3 results, missing EPS and revenue expectations due to weak consumer spending and higher costs. The company also projected a decline in revenue for Q4, citing soft demand and inflationary pressures. This led to a 9% drop in after-hours trading. Investors can use APIs like Earnings Calendar and Revenue Product Segmentation for better insights into the retail sector.
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