Company Of The Day: Target

TGT: Target logo


Target (NYSE:TGT) posted a mixed set of Q3 2022 results amid a tough economic environment and increased discounting. While revenue beat estimates, growing 3.4% year-over-year to $26.25 billion, adjusted earnings came in at a lower-than-expected $1.54 per share.

So What?

Relevant Articles
  1. Target Stock To Likely Trade Higher Post Q1 Results
  2. What’s Next For Target Stock After A 32% Fall In The Last Year?
  3. What To Expect From Target’s Stock Post Q3?
  4. Target Stock Down 32% This Year, What’s Next?
  5. Target Stock Down 30% In A Week, What’s Next?
  6. Target’s Stock To Trade Higher Post Q1 Results?

Target stock fell by over 13% in Wednesday’s trading, as the company also lowered its guidance for Q4, projecting a year-over-year decline in comparable sales.

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Returns Nov 2022
MTD [1]
YTD [1]
Total [2]
 TGT Return -5% -33% 115%
 S&P 500 Return 2% -17% 77%
 Trefis Multi-Strategy Portfolio 4% -19% 221%

[1] Month-to-date and year-to-date as of 11/17/2022
[2] Cumulative total returns since the end of 2016

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