Target is set to report earnings before the bell. Here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The big-box retailer's stores have remained open across the country during the coronavirus pandemic, but the crisis has squeezed its profits.

Target stores have remained open across the country during the coronavirus pandemic, but many of its customers are shopping online.

Despite selling groceries and household essentials, the crisis has cut into Target's profits as labor expenses jumped and it's sold fewer high-margin items like apparel, the retailer warned in April.A pedestrian walks past a Target store in Chicago, Illinois.The big-box retailer's stores have remained open across the country during the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let me guess. All the big boys did well. The little guys, not so much.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

VC says explains why she's eyeing startups that target Gen Z, Depop - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »