Target soars 12% after crushing earnings and raising its full-year profit outlook

Target reported third-quarter earnings Wednesday that beat Wall Street expectations. The retailer also raised its full-year profit outlook. Shares soared as much as 12% in early trading on the news. "Our third quarter results are further proof of the durability of our strategy," Target CEO Brian Cornell said in a release. Watch Target trade live on Markets Insider.

Target reported third-quarter earnings Wednesday that beat Wall Street expectations. The retailer also raised its full-year profit outlook. Shares soared as much as 12% in early trading on the news. "Our third quarter results are further proof of the durability of our strategy," Target CEO Brian Cornell said in a release. Watch Target trade live on Markets Insider.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Target earnings preview: Nike could partner with Target now that it has ended sales on AmazonTarget is expected to report gains in the third quarter and analysts have a positive outlook for the holiday season.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »