|Day Low/High||103.25 / 105.94|
|52 Wk Low/High||60.15 / 106.52|
Target posted stronger-than-expected fourth quarter earnings Tuesday after a solid holiday shopping season that saw increased foot traffic and same stores sales.
On top of pedestrian same store sales, I am troubled by the decrease in operating income, the flat gross margin rate, and the higher SG&A expense rate.
CEO Michelle Gass said that the strong holiday season was a major driver of the earnings beat.
If we didn't know where the algorithms that now control the point of sale were lined up before Monday, we sure know now.
U.S. stocks look set to open flat Tuesday, following the biggest single-day decline in nearly a month, as investors continue to weigh the prospect of a comprehensive U.S.-China trade deal against fragile global economic growth.
U.S. stock futures rise as Wall Street monitors U.S.-China trade developments; Salesforce.com declines after issuing tepid first-quarter guidance; Target and Kohl's report earnings Tuesday; GM to end production at a plant in Ohio on Wednesday.
This selloff was a pause in the uptrend, not the start of a directional shift. But be cautious.
Strong Q4 Caps Off Best Full-Year Comp Sales Growth in More than a Decade
Target is consolidating its fourth-quarter bear market and an earnings beat is important as a price gap from November needs to be filled.
MINNEAPOLIS, March 4, 2019 /PRNewswire/ -- Target Corporation (NYSE:TGT) plans to release its fourth quarter and full-year 2018 financial results the morning of March 5.
Here's what investors should be watching this week.
Jim Cramer has your game plan for next week: Keep a sharp eye out for the Fed and the employment data.
Keep an eye on retailer stocks this week, with big names set to report their quarterly earnings.
Trends at Veeva and Talend, two young cloud companies, suggest enterprise has moved past its mistrust of cloud. That sets up Amazon and other cloud titans to have tremendous control of enterprise's most sensitive assets.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Target Corp has taken over the #348 spot from SunTrust Banks Inc , according to ETF Channel. Below is a chart of Target Corp versus SunTrust Banks Inc plotting their respective rank within the S&P 500 over time (TGT plotted in blue; STI plotted in green): In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages.
Splitting Old Navy from the other Gap brands could help both companies to rediscover their growth trajectories.
The most recent short interest data has been released for the 02/15/2019 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Lifestyle collection celebrates the ultimate summer gathering, with most items under $35
Though growing rapidly, Walmart's U.S. e-commerce operations remain far smaller than Amazon's, with much of their growth driven by grocery pickup orders.
Hasbro stock could offer an attractive reward to investors not afraid of risk.
The inventory issue is thankfully a one-time thing. Toys R Us can only go out of business once.
Hasbro and Mattel management outlined one key factor in their dichotomous results.
Of the 57 index constituents, four Aristocrats have yields above 4.0%.
Expectations for Apple are all over the place.
So we remain in limbo, in my view.
Walmart breaks deal with Google to take on e-commerce king Amazon.
From smaller-cap specialty stores to some of the world's largest big-box retailing outlets, experts choose their top retail stocks for 2019.
Without Sweethearts candies available this Valentine's Day, you'll need to think of something else to get the loved ones in your life.
Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners, took a look at the retail sector.
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