Target Stock Plummets After Q3 Earnings and Sales Shortfall

Reported about 18 hours ago

Target's shares dropped sharply in pre-market trading following a disappointing Q3 earnings report, where same-store sales only increased by 0.3%. The retail giant has lowered its full-year forecast as it braces for the holiday season, revealing weaknesses in key consumer segments when compared to Walmart's stronger performance.

Source: YAHOO

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