Target stock falls 21% as big discounting effort falls short
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a pushed-up holiday sale.
Target tumbles 22% after its sales and earnings ... - CBS News
Nov 20, 2024 · Shares of Target plunged $34.27 to $121.78 in Wednesday afternoon trading. The retail chain said its third-quarter sales rose 1.1% to $25.7 billion, while net income dropped 12% to $854 million...
A tale of two retailers: Target ... - Associated Press News
Nov 20, 2024 · Target’s shares plummeted Wednesday, ending down more than 21%. Walmart’s share rose nearly 3% after posting its results Tuesday. The disappointing quarter at Target may have reflected the financial circumstances and mood of U.S. consumers in …
Target just went from great to bad to ugly. But the worst may ...
Aug 20, 2022 · Target just demonstrated how quickly things can change in the world of retail, posting a terrible quarter after nearly two years of soaring profits and record revenue growth.
Target must face shareholder lawsuit over Pride backlash ...
Dec 6, 2024 · The lawsuit accused Target's board of directors of overlooking the risk of negative backlash and led the company to lose over $25 billion in market capitalization.
Target Corporate: News & Features
Keep an eye on this space for the latest news and stories from Target — from company announcements to design partnerships to profiles of our team in action.
Target must face shareholder lawsuit over Pride backlash, US ...
Dec 4, 2024 · (Reuters) -Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month ...