Actionable news
0
All posts from Actionable news
Actionable news in TGT: TARGET CORPORATION,

Target's Surprising Sales Outlook Hints That Being More Like Walmart Could Save Its Business

It looks like shoppers are noticing some more deals scattered about Target (TGT) stores.

The discount retailer, which has sought to slash prices this year to better compete with rivals Walmart (WMT) and Amazon (AMZN) , said Thursday its second quarter results would come in above the high-end of its estimates for 95 cents a share to $1.15 a share. Target credited improved traffic and sales trends through the first two months of the second quarter.

"Target's recent progress reinforces our confidence and commitment to our strategy as we build an even better Target for tomorrow. Following...


More