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Beyond Meat Launches Cookout Classic
Target Increases Starting Wage to $15
Target Corporation Announces 3% Dividend Increase
Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online. Its owned brands include Archer Farms, Market Pantry, Sutton & Dodge, Art Class, Merona, Threshold, Ava & Viv, Pillowfort, Room Essentials, Wine Cube, Cat & Jack, Simply Balanced and Wondershop. Its exclusive brands include C9 by Champion, Hand Made Modern, Mossimo, DENIZEN from Levi's, Nate Berkus for Target, Fieldcrest, Kid Made Modern, Genuine Kids from OshKosh and Liz Lange for Target. As of January 28, 2017, the Company had 1,802 stores across the United States, including 1,535 owned stores, 107 leased stores and 160 owned buildings on leased land.
Retail (Department & Discount)
1000 Nicollet Mall
Brian C. Cornell
Chairman of the Board, Chief Executive Officer
Michael J. Fiddelke
Chief Financial Officer, Executive Vice President
John J. Mulligan
Chief Operating Officer, Executive Vice President
Michael Edward McNamara
Executive Vice President, Chief Information Officer
Rick H. Gomez
Executive Vice President, Chief Marketing & Digital Officer
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Total Debt To Equity (MRQ)
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Australian retail giant Wesfarmers Ltd <WES.AX> said it will close or rebrand nearly two-thirds of its Target department stores and take one-off charges totalling up to A$650 million ($426 million) as it reels from the coronavirus fallout.
The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to buy everything from video games to sewing machines even as the country struggles with record job losses.
A surge in Target Corp's <TGT.N> online sales due to panic buying during the coronavirus crisis helped the big-box retailer post better-than-expected quarterly results on Wednesday, even as it grappled with soaring operational costs.
Target Corp reported a 64% plunge in quarterly profit on Wednesday, pummeled by costs to tackle the coronavirus outbreak, even as panic-buying during the crisis lifted the big-box retailer's online and store sales.
Target Corp <TGT.N> said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter profit and margins, even as it recorded robust online sales during March and April.
A surge in online sales for Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said on Thursday.
A surge in digital sales for U.S. retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profitability from the costs of adjusting, it said on Thursday. The big box...
Target Corp <TGT.N> said on Wednesday it saw a more than 50% rise in same-store sales so far in March for certain essential goods, joining a list of grocery chains benefiting from consumers hunkering down for an extended period due to the coronavirus outbreak.
* TARGET - WITHDREW PRIOR GUIDANCE FOR Q1 AND FY 2020 SALES, OPERATING INCOME AND EPS
Target Corp on Wednesday withdrew its financial outlook and said it would scale back on planned investments to focus on meeting surging demand as Americans stock up on essentials and stay home to slow the spread of the coronavirus outbreak.
Target Corp <TGT.N> said on Tuesday it would reduce store hours for cleaning and restocking, as more consumers shop at its outlets for essentials amid the coronavirus outbreak.
Target Corp <TGT.N> on Tuesday forecast full-year profit below analysts' estimates and missed lowered expectations for holiday-quarter revenue, as the retailer wrestled with falling demand for toys and electronics as well as slowing online growth.
Target Corp forecast annual earnings largely below analysts' estimates on Tuesday, indicating that the retailer's lackluster holiday season performance was spilling over into 2020.
Australia's Wesfarmers Ltd <WES.AX> defied broader retail headwinds to post a 5.7% rise in first-half profit on Wednesday, helped by demand in its hardware retail business, sending its shares up nearly 4% to a record high.
Target Corp <TGT.N> fell short of its own expectations for holiday season sales on Wednesday, reporting a drop off in online growth and demand for toys and electronics that sent a shiver through the wider U.S. retail sector.
Target Corp on Wednesday reported comparable sales growth of just 1.4% for the 2019 holiday season on the back of weak demand for electronics, toys and home products, sending shares in the retailer 8% lower.
Target Corp <TGT.N> signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery and investments in store revamps, sending its shares up 14%.
Target Corp raised its full-year profit forecast after posting better-than-expected quarterly comparable sales on Wednesday, as the retailer expects a strong holiday shopping season, sending its shares up 8% in trading before the bell.
Walgreens Boots Alliance Inc and Target Corp on Friday became the latest retailers to remove all 22-ounce bottles of Johnson & Johnson baby powder from their stores, after the healthcare conglomerate recalled some bottles because of possible asbestos contamination.
Target Corp <TGT.N> on Friday became the latest retailer to remove all 22-ounce bottles of Johnson & Johnson <JNJ.N> baby powder from its stores, after the healthcare conglomerate recalled some bottles because of possible asbestos contamination.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.