Target (TGT) Q2 2024 earnings

From CNBC: 2024-08-21 00:01:01

Target is set to report quarterly earnings with analyst expectations at $2.18 earnings per share and $25.21 billion in revenue. The retailer has faced declining sales as consumers cut back on discretionary spending. Despite challenges, Target aims to return to sales growth in Q2 with initiatives like lower prices and new loyalty programs. WalMart’s strong earnings may threaten Target’s market share with different revenue mixes. Target’s stock has seen modest gains this year, trailing behind the overall market.



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