Jim Cramer says soft Target quarter makes Walmart earnings look even better

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CNBC's Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Target : Shares were dropping 7% after the retailer on Wednesday reported a soft quarter and missed on earnings for the first time since November 2022. Target said consumers bought fewer groceries and home goods. "It just wasn't as strong as the other guys," Jim Cramer said Wednesday. " Walmart is now apples to oranges" to Target. "Walmart has so much going on.

Toll Brothers : The homebuilder beat on quarterly earnings and raised its delivery guidance for the year. The stock, which was higher earlier, turned lower and was losing 8% in late-morning trading. Urban Outfitters : Shares were down more than 4% despite reporting a better-than-expected quarter, driven by Anthropologie. "Anthro was terrific.

 

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