Target and Best Buy to release earnings reports, Target expected to show growth.
From Google: 2025-03-04 09:03:45
Target and Best Buy are set to release their quarterly earnings reports, giving investors insight into the health of the retail sector. Analysts are eagerly awaiting the results, as the companies have seen increased competition from online retailers like Amazon. Target’s earnings are expected to show growth due to strong sales in categories like home goods and electronics. Best Buy, on the other hand, is facing challenges with supply chain issues affecting the availability of popular products. Investors will be closely watching how these retail giants perform in the current economic climate.
Read more at Google: NYSE CONTENT ADVISORY: PRE-MARKET UPDATE + TARGET & BEST BUY HIGHLIGHT RETAIL EARNINGS – The Globe and Mail