Reported 5 months ago
Target is set to report its first-quarter earnings with analysts expecting revenue of $24.13 billion and earnings of $2.05 per share. The retailer, known for its red-and-white theme, is aiming to bounce back after a challenging 2023 by implementing strategies like upgrading existing stores, opening new ones, introducing a paid membership program, and cutting prices on thousands of items. Financial analysts have mixed opinions on Target's performance compared to competitors like Walmart, with some anticipating a return to historical margins.
Source: YAHOO