Target’s Slim Sales Growth, Rising Costs Weigh on Earnings

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Target said slower sales growth and rising operating costs hurt its profit in the most recent quarter as shoppers continued to spend cautiously

Target Corp.

said slower sales growth and rising operating costs hurt its profit in the most recent quarter, as shoppers continued to spend cautiously withThe retail chain’s comparable sales, or those from stores or digital channels operating for the past 12 months, rose 0.7% in the quarter ended Jan. 28, compared with the same period a year earlier. More shoppers visited Target stores in the fourth quarter, but spent differently than last year, the company said Tuesday.

 

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월스저가 진검승부를 하는군. 계산기 속도야

Consumer moving from Target to Walmart & even Dollar stores reflects transition from Zero Rate/Stimulus-driven to a more rational, sustainable Economy. Curse of Deficits still needs to be tamed.

So Amazon has nothing to do with this?

And go to Walmart.

Kamala said Americans can now afford vacations bc she lowered the cost of electricity 😂🤣

Or buy online from another vendor

Target has gotten pretty woke. I avoid it.

the biden economy is imploding

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