Target is set to report earnings before the bell — here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

As Americans spend more time at home, they have flocked to Target's same-day services like curbside pickup and home deliveries through Shipt.

The retailer has devoted twice as many parking spots to curbside pickup and added a feature on its website that allows shoppers to check if there's a line outside of the store.

People wearing masks avoid social distancing as they wait in line to enter Target in Herald Square amid the coronavirus pandemic on May 16, 2020 in New York City.is set to report its third-quarter earnings on Wednesday before the bell.Earnings per share: $1.60, adjustedbegan spreading across the U.S.

Target CEO Brian Cornell said the company attracted 10 million new digital customers and $5 billion in market share in the first half of the year. Its curbside pickup service, Drive Up, grew more than 700% in the second quarter from a year earlier., too. Target sales fulfilled by Shipt grew more than 350% in the second quarter year-over-year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Our Outdoor Tucson Mall has Target, Walmart, Home Depot, Burlington, Ross & Marshall’s. I know, does it get any better. I find myself shopping more & more at Target. A very refreshing Atmosphere. They have their own Food Brands I prefer over Walmart.

thanks for this news

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment firms, private equity advocacy group hire lobbyists as lawmakers target tax loopholesInvestment firms and a private equity advocacy group are lobbyists as lawmakers take aim at tax loopholes. Wilhelmdenni my investments With him has been so profitable and I would love to recommend him to everyone who is interested in boosting up their financial situation Wilhelmdenni I thought the lobbyists were always on their payrolls.
Source: CNBC - 🏆 12. / 72 Read more »