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The Latest Breaking News from Target

European and US stocks slide on inflation worries

London (AFP) - US and European stock markets slumped Wednesday as inflation data and corporate reports stoked investor fears about recession and earnings.

AFP

Stock Market Today - 5/18: Dow Tumbles 1,164 Points on Target Miss, Powell Inflation Comments

Stock finish sharply lower Wednesday as Target earnings disappoint and Fed Chair Powell warns 'there could some pain involved' with the Fed's inflation approach.

The Street

Target Shares Plunge On Q1 Bottom-Line Miss, Margin Pressure

Target Corp (NYSE:TGT) reported first-quarter FY22 sales growth of 4% year-on-year to $25.17 billion, beating the consensus of $24.37 billion. Comparable sales grew 3.3%. Comparable store sales increased 3.4%, and comparable digital sales rose 3.2%. Sales by stores constituted 81.8% of total sales, while digital channel sales represented 18.2%. Gross margin for the…

Benzinga

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'We Faced Unexpectedly High Costs': Why Target Shares Are Falling Today

Target Corp (NYSE: TGT) shares are trading significantly lower Wednesday after the company announced worse-than-expected earnings results and reported an unexpected drop in operating income margin rate.

Benzinga

Dow Jones Sells Off As Target Plunges 25% On Earnings

The Dow Jones Industrial Average sold off Wednesday, as Target stock plunged 25% on weak earnings results.

Investors Business Daily

Recap: Target Q1 Earnings

Target (NYSE:TGT) reported its Q1 earnings results on Wednesday, May 18, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Benzinga

Target Shares Slump as Q1 Earnings Lag Estimates

Target shares slumped after the giant Minneapolis retailer reported fiscal-first-quarter earnings that came up short of analyst estimates.

The Street

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Stocks Ease; Powell Reiterates Fed Resolve on Inflation - 5 Things You Must Know

Stock futures were indicating a lower open on Wednesday. Fed Chairman Jerome Powell said the Fed was determined to reduce inflation. Housing-starts and building-permits data are in focus. Target shares slipped before the retailer reports earnings. And JPMorgan holders voted against the bank's proposal to pay CEO Jamie Dimon a…

The Street

Virginia Target workers seek to unionize amid surge in labor organizing efforts

Company has already reportedly pushed back by trying to use union dues as a tactic to deter workers from supporting the union

The Guardian - US

Dow Jones Futures Fall As Target Crashes On Earnings Miss; Now What For Market Rally?

Futures fell as Target dived early on a big profit miss. The stock market rally had a strong Tuesday. Broadcom looked actionable.

Investors Business Daily

Dow Jones Rallies As Retail Sales Rise; Walmart Tumbles On Earnings

The Dow Jones rose as Powell noted his continued support for interest rate increases until prices start falling back toward healthy levels.

Investors Business Daily

As baby formula shortage worsens, families take desperate steps

LOS ANGELES — Like most new moms, 26-year-old Veronica Gutierrez's life revolves around feeding her 3-month-old daughter, Alessandra.

Los Angeles Times

Retail Stocks: Target Stock Dives On Big Miss After Walmart Earnings Fall Well Short

Target earnings came in far below views early Wednesday after Walmart earnings fell short Tuesday. Target stock dived.

Investors Business Daily

Target Whale Trades For May 16

Someone with a lot of money to spend has taken a bearish stance on Target (NYSE:TGT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

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Benzinga

What 7 Analyst Ratings Have To Say About Target

Over the past 3 months, 7 analysts have published their opinion on Target (NYSE:TGT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

The New Daily

Market wrap: Federal election and hawkish RBA move expected to dominate markets this week

The month of May has lived up to its reputation as a volatile one for markets. The ASX200 closed the week 1.8 per cent lower at 7075.

The Street

This Is Why You're Struggling To Find Infant Formula

Target, CVS and Walgreens have all been limiting purchases of baby formula amid a nationwide shortage.

The Independent UK

Baby formula shortage forces parents to pay $120 for single can as Target, CVS and Walgreens limit sales

CVS and Walgreens are limiting customers to three toddler and infant formulas per purchase as the shortage worsens across the US

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news in one place.

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Benzinga

Amid Baby Formula Shortage, Retailers Put Cap On Purchases: Report

The U.S. faced a nationwide shortage of the most popular baby formula brands in the week starting April 24, according to the latest figures from Datasembly, which tracks out-of-stock messages on retailers' websites and apps. An average rate is less than 10%. Reasons For The Shortage: Supply chain issues caused by the COVID-19…

Benzinga

Target Whale Trades For May 10

Someone with a lot of money to spend has taken a bullish stance on Target (NYSE:TGT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Looking Into Target's Recent Short Interest

Target's (NYSE:TGT) short percent of float has fallen 16.83% since its last report. The company recently reported that it has 11.85 million shares sold short, which is 2.57% of all regular shares that are available for trading.

The Independent UK

Baby formula shortage forces parents to pay $120 for single can as Target, CVS and Walgreens limit sales

CVS and Walgreens are limiting customers to three toddler and infant formulas per purchase as the shortage worsens across the US

Benzinga

What Are Whales Doing With Target

A whale with a lot of money to spend has taken a noticeably bullish stance on Target. Looking at options history for Target (NYSE:TGT) we detected 13 strange trades.

The Street

Expect a More Personalized Target Experience Very Soon

More premier beauty in-store is coming too.

Tribune News Service

Parmy Olson: Online privacy becomes critical if Roe v. Wade is overturned

About 10 years ago, a story about Target Corp.’s uncanny ability to detect a customer’s pregnancy made waves. An angry man had gone into a Target store in Minneapolis, demanding to speak to a manager and flashing coupons that his teenage daughter had received in the mail for baby clothes…

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