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Target blames toys, electronics for weak holiday sales, shares fall 8%

Target Corp said on Wednesday it missed its own expectations for holiday season sales, citing weak demand for toys and electronics for growth of just 1.4% and dragging shares across the retail sector lower......»»

Category: topSource: reutersJan 15th, 2020

Target"s holiday comparable sales rose marginally, shares tank

Target Corp on Wednesday reported comparable sales growth of just 1.4% for the 2019 holiday season on the back of weak demand for electronics, toys and home products......»»

Category: topSource: foxnewsJan 15th, 2020

Target Records Sluggish 2019 Holiday Sales

The discount retailer saw weak sales of electronics, toys and home during the holiday periodRelated Stocks: TGT, JCP, KSS, BBBY,.....»»

Category: blogSource: gurufocusJan 17th, 2020

Best Buy, toy makers and Walmart stocks fall in wake of Target"s disappointing sales

Shares of Best Buy Co. Inc. dropped 2.8% in premarket trading Wednesday, after the consumer electronics retailer appeared to suffer from the fallout of Target Corp.'s disappointing holiday-period sales performance. Target said earlier same-store sales d.....»»

Category: topSource: marketwatchJan 15th, 2020

Target"s holiday comparable sales rose marginally, shares tank

Target Corp on Wednesday missed its own expectations for 2019 holiday season sales, blaming weakness in toys and electronics sales for growth of just 1.4% that sent shares in the retailer sharply lower......»»

Category: topSource: reutersJan 15th, 2020

The real warning in Target"s holiday sales: Toys are in trouble

Target didn't have the strong holiday in the toy department that many expected, and the news sent shares of toy makers Hasbro and Mattel lower......»»

Category: topSource: moneycentralJan 15th, 2020

The real warning in Target"s holiday sales: Toys are in trouble

Target didn't have the strong holiday in the toy department that many expected, and the news sent shares of toy makers Hasbro and Mattel lower......»»

Category: topSource: moneycentralJan 15th, 2020

Holiday shock for Target as toys, electronics disappoint

Target Corp fell short of its own expectations for holiday season sales on Wednesday, reporting a drop off in online growth and demand for toys and electronics that sent a shiver through the wider U.S. retail sector......»»

Category: topSource: reutersJan 15th, 2020

Target slips 7% after a weak holiday season forces it to slash sales forecast by more than half (TGT)

Andrew Nelles/Reuters Target reported holiday sales Wednesday that missed Wall Street's expectations. The retailer also cut its fiscal fourth quarter 2019 same-store sales estimate.  Shares fell as much as 7% in early t.....»»

Category: topSource: businessinsiderJan 15th, 2020

Target"s stock plunges as holiday sales miss estimates

Target said Wednesday that its 2019 holiday sales missed expectations, due in part to weakness in toys, electronics and home......»»

Category: topSource: moneycentralJan 15th, 2020

Target"s stock plunges as holiday sales miss estimates

Target said Wednesday that its 2019 holiday sales missed expectations, due in part to weakness in toys, electronics and home......»»

Category: topSource: moneycentralJan 15th, 2020

Target Trades Lower On Weak Holiday Sales Data, Maintains Q4 Guidance

Target Corporation (NYSE: TGT) shares were trading lower Wednesday after the retailer reported holiday sales that failed to meet expectations. Comparable sal.....»»

Category: earningsSource: benzingaJan 15th, 2020

Target Trades Lower On Weak Holiday Sales Data, Maintains Q4 Guidance

Target Corporation (NYSE: TGT) shares were trading lower Wednesday after the retailer reported holiday sales that failed to meet expectations. 0 read more.....»»

Category: blogSource: benzingaJan 15th, 2020

Bank of America says Target, Walmart, Costco, and BJ"s dominated Black Friday, and their stocks are a perfect holiday-season buy

Sandy Huffaker/Getty Images These four big-box retailers stood out on Black Friday, according to Bank of America Merrill Lynch.  Healthy traffic driven by sales in toys, electronics, and grocery boosted the companies, BAML wrote in a Monday n.....»»

Category: topSource: businessinsiderDec 2nd, 2019

Macy’s weak holiday season sales send stocks plunging

Macy’s shares were down more than 18 percent after the company slimmed its earnings outlook for 2019. Shares for retailers Kohl's and Target also fell......»»

Category: topSource: washpostJan 10th, 2019

Macy’s weak holiday-season sales send stocks plunging

Macy’s shares were down more than 18 percent after the company slimmed its earnings outlook for 2019. Shares for Kohl's and Target also fell......»»

Category: topSource: washpostJan 10th, 2019

Macy’s weak holiday-season sales send retailers" stocks plunging

Macy’s shares were down more than 18 percent after the company slimmed its earnings outlook for 2019. Shares for Kohl's and Target also fell......»»

Category: topSource: washpostJan 10th, 2019

Holiday shock for Target

Target's holiday sales fell short of its own targets, sending its shares and those of other retailers sharply lower in Wednesday morning trading. Fred Katayama reports......»»

Category: videoSource: reutersJan 15th, 2020

Target Shares Plunge After Holiday Sales Missed Forecasts 

Target Shares Plunge After Holiday Sales.....»»

Category: blogSource: zerohedgeJan 15th, 2020

Target"s stock tumbles after holiday sales disappoint

Shares of Target Corp. tumbled 8.6% in premarket trading Wednesday, after the discount retailer reported disappointing holiday-period same-store sales. The company said same-store sales during the November/December period ros.....»»

Category: topSource: marketwatchJan 15th, 2020

GameStop cuts outlook after weak holiday sales, shares drop

The company now expects full-year earnings to be below its prior forecast.....»»

Category: topSource: foxnewsJan 14th, 2020