Target Earnings Preview: Revenue, EPS Growth in Focus as Holiday Sales Loom Large

) engages in the operation and ownership of general merchandise stores. It offers food assortments including perishables, dry groceries, dairy, and frozen items. It has been modernizing the supply chain to compete with pure e-commerce players.

With Put/Call ratio is lower than 0.50 for the next 3 upcoming expiry suggests that the traders are very bullish.Key Highlights: The company has strategically charted a comprehensive course to strengthen its market presence and boost sales performance. This includes a significant investment of approximately $3-$4 billion in fiscal 2024, focused on expanding operations, attracting new customers, and optimizing services and supply chain facilities.TGT is gradually heading towards a long-term falling trendline from November 2021 high of 268.98, this week between 161 -169 range.

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