The big-box retailer has missed earnings expectations for three quarters in a row and warned of soft holiday sales.
It will hold a conference call with analysts at 9 a.m. ET and will also host an investor day in New York City.A Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory.