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Stockreport

Target is Lowering Prices on 5,000 Items — Including Groceries [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Target is hoping to lure customers back with a simple new premise — selling things at a price point people can actually afford. On Monday, the retailer announced it's dropping prices on 5,000 "common" things, including plenty of grocery items, in an effort to both help consumer's wallets and win them back after posting declines in comparable sales for its fourth straight quarter in a row, the Associated Press reported. And a lot of that slump, Target's CEO Brian Cornell told reporters, is due to inflation on groceries and household items. As the AP reported, Cornell said inflation is still up 20% to 30% from pre-pandemic levels, which is still putting a “strain on consumer wallets.” "We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more," Rick Gomez, executive vice president and chief food, essentials, and beauty officer, at Target, shared in a statement . "Our teams work hard to deliver great value every day, and thes [Read more]
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Stockreport

Target is Lowering Prices on 5,000 Items — Including Groceries [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Target is hoping to lure customers back with a simple new premise — selling things at a price point people can actually afford. On Monday, the retailer announced it's dropping prices on 5,000 "common" things, including plenty of grocery items, in an effort to both help consumer's wallets and win them back after posting declines in comparable sales for its fourth straight quarter in a row, the Associated Press reported. And a lot of that slump, Target's CEO Brian Cornell told reporters, is due to inflation on groceries and household items. As the AP reported, Cornell said inflation is still up 20% to 30% from pre-pandemic levels, which is still putting a “strain on consumer wallets.” "We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more," Rick Gomez, executive vice president and chief food, essentials, and beauty officer, at Target, shared in a statement . "Our teams work hard to deliver great value every day, and thes [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS