Historical Stock Chart
2 Months : From Dec 2019 to Feb 2020
By Colin Kellaher
Target Corp. (TGT) on Wednesday affirmed its fourth-quarter earnings guidance despite posting disappointing holiday sales results.
The Minneapolis retailer said it still expects to report an adjusted profit of $1.54 to $1.74 a share for the quarter.
Analysts polled by FactSet, on average, are expecting adjusted earnings of $1.70 a share for the quarter.
Target said its holiday comparable sales rose 1.4%, missing the retailers expectations, amid weak sales of toys and electronics.
Write to Colin Kellaher at firstname.lastname@example.org
(END) Dow Jones Newswires
January 15, 2020 06:51 ET (11:51 GMT)
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