Target earnings top estimates as sales rise 21%, boosted by a surge of post-holiday shoppers [MSNBC.com]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: MSNBC.com
VIDEO2:1902:19Target Q4 earnings top estimates as sales jump 21%Squawk BoxShares were up about 3% early Tuesday.The big-box retailer has benefited as shoppers look for easy and safe ways to buy groceries and other items during the pandemic. Its 2020 sales grew by more than $15 billion — greater than its total sales growth over the prior 11 years.already reported holiday salesas Americans received $600 stimulus checks.with sales jumping 5.3% in JanuaryIn an interview with CNBC's "Here's what the company reported for the fiscal fourth quarter ended Jan. 30 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:In the latest period, net income rose 66% to $1.38 billion, or $2.73 per share, from $834 million, or $1.63 per share a year earlier. Excluding items, Target earned $2.67 per share, more than the $2.54 per share expected by analysts surveyed by Refinitiv.Revenue rose 21% to $28.34 billion from $23.4 billion last year, higher than analysts' expecta
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News
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- National retailers are closing stores. Which Triangle locations will be affected? [Yahoo! Finance]Yahoo! Finance
- These 2 Retail-Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website