Target’s 2022 Q4 Earnings

cnbc.com| March 1st, 2023

Topping Wall Street’s Earning Expectations for the first time in a year!

Target topped Wall Street’s earnings expectations for the first time in a year. Essential items lifted sales as consumers focus on necessities including groceries, beauty items, and household essentials. Its holiday-quarter sales rose roughly 1% from the same period a year prior, and customer traffic which includes online and in stores, grew by 0.7% in the fourth quarter.

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