Target will face tough year-over-year comparisons, after its significant growth during the pandemic.
In the first quarter, however, the retailer faces more favorable comparisons because of how its profits were initially squeezed during lockdowns.Shoppers at a Target store in New York.Here's what Wall Street is expecting, according to Refinitiv consensus estimates:The big-box retailer saw significant growth during the pandemic, as shoppers turned to its stores for everything from groceries to workout clothes and picked up online orders in the parking lot.
Those results have raised expectations and set the company up for tough year-over-year comparisons. However, the momentum really got underway in the second quarter of 2020. That means Target will face more favorable comparisons in the first quarter. When lockdowns hit a year ago, Target customers . The company scrambled to adapt as consumers shopped online and bought more food and electronics as they worked from home.
Enough of This!!!! What’s the Latest on the Southern Border Crisis ? You don’t want the American people to know what’s REALLY GOING ON? You all were ALL OVER TRUMP when he only had 600 kids…. BIDENS GOT 1000’s & 1000’s!!!!
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