Target (TGT) earnings Q4 2022


A Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory.

Joe Raedle | Getty Images

Target on Tuesday will report holiday-quarter results, as retailers brace for a year that appears poised to bring slower sales and more price-conscious customers.

Here’s what analysts are expecting for Target’s fiscal fourth quarter, according to consensus estimates from Refinitiv:

  • Adjusted earnings per share: $1.40 expected
  • Revenue: $30.7 billion expected

The big-box retailer, known for selling lower-priced, but fashion-forward…

Source cnbc.com

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