Reported 3 days ago
The recent earnings reports from major retailers Walmart, Home Depot, and Target reveal mixed outcomes. Walmart reported strong revenues but missed earnings expectations, yet raised its sales forecast amid concerns over inflation. Home Depot maintained its annual forecast despite lackluster quarterly results and indicated small product price hikes due to tariffs. Conversely, Target's stock fell over 6% following the announcement of its new CEO, amidst struggles to adapt to changing consumer behaviors and market challenges.
Source: YAHOO