Target is making progress despite headline earnings: Analyst

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Target Noticias

Michael Lasser,U.S. Hardline & Broadline

Target (TGT) disclosed a 3.7% decline in year-over-year comparable sales in its first-quarter earnings, sharing mixed results on the top and bottom lines...

UBS U.S. Hardline & Broadline and Food Retail Analyst Michael Lasser sits down with The Morning Brief to discuss the buying opportunities in the retailer's stock while consumers battle inflation and credit card debt.

So I I would not look at this as uh the performance of one retailer is mutually exclusive with the performance of another. When you take a look at some of the initiatives that target has laid out earlier this week, we heard the news that they're lowering prices on about 5000, up to 5000 products.How much are those two moves coupled with some of the other initiatives that they've done is that going to really move the needle, help them win back, that lost market share.

So uh those factors should drive better trends at target coupled with easier comparisons in the quarters ahead. Suncor Energy stock has crushed the broader markets in the last 20 years. But this TSX energy stock has beaten Suncor by a wide margin. The post A Dividend Giant I’d Buy Over Suncor Energy Stock appeared first on The Motley Fool Canada.Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.

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