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Breakingviews TV: Missed Target

Tuesday, November 20, 2018 - 03:33

The $35 bln retailer is growing sales well and has higher margins than Walmart. Yet as Antony Currie and Jen Saba explain, Target trades at a discount to its larger rival, worsened by investors punishing a tiny earnings miss. Neither strategy nor results justify that.

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The $35 bln retailer is growing sales well and has higher margins than Walmart. Yet as Antony Currie and Jen Saba explain, Target trades at a discount to its larger rival, worsened by investors punishing a tiny earnings miss. Neither strategy nor results justify that.

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Breakingviews TV: Missed Target

Tuesday, November 20, 2018 - 03:33