Harley Chase
3
All posts from Harley Chase
Harley Chase in Harley Chase,

Target Beats Expectations Across the Board

Wednesday, Target (NYSE: TGT) announced its second quarter earnings report that exceeded expectations causing its stock to jump 5% in premarket trading. 

Target’s earnings per share came in at a $1.22 exceeding the forecast of $1.11 . The company’s total Revenue totaled $17.43 billion while store sales rose 2.4%.  Business Insider reports that with the results of the Q2 reports with continued growth in traffic and sales, Target can continue to beat earning expectations. The company raised its expected earnings for the year to a range of $4.60 and $4.75.

For more business and financial news, click here.