Earnings

Target (TGT) earnings Q4 2023

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The Target logo is seen on its store on 42nd Street in Times Square, New York City.

Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images

Target will report its holiday-quarter results and year-ahead outlook on Tuesday.

Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting for the company’s fourth quarter:

  • Earnings per share: $2.41 expected
  • Revenue: $31.83 billion expected

Target, which sells a lot of discretionary merchandise such as clothing and home goods, has posted declining comparable sales for two quarters in a row. The industry metric, also called same-store sales, takes out the effect of store openings, closures and renovations. 

The…



Source cnbc.com

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