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Stockreport

Target posts another quarter of slipping sales, offers upbeat annual profit outlook for 2026 [CBS News]

Walmart Inc. (WMT)  More Company Research Source: CBS News
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
everywhere, but the retailer offered a profit outlook that topped Wall Street expectations and signaled quarterly sales growth ahead. The Minneapolis-based company said it earned $2.30 per share, or $1.05 billion, for the three months ended Jan. 31, down from $2.41 per share, or $1.10 billion, a year earlier. Adjusted earnings per share were $2.44 for the latest quarter. Sales fell 1.5 percent to $30.45 billion for the period, and full-year sales declined nearly 2 percent to $104.78 billion. "Target is struggling to show up for customers in a consistent and compelling way. There are too many out of stocks, too little inspiration in ranges, too much muddle and mess in stores. And all these things are eroding sales, as evidenced by the 3.9% fall in store comparables over the period," Neil Saunders, managing director of GlobalData, told CBS News. "There is no way to sugarcoat it: Target underperformed over the holiday quarter." Analysts polled by FactSet had been expecting $2.16 pe [Read more]
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Stockreport

Target posts another quarter of slipping sales, offers upbeat annual profit outlook for 2026 [CBS News]

Walmart Inc.  (WMT) 
More Company Research Source: CBS News
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
everywhere, but the retailer offered a profit outlook that topped Wall Street expectations and signaled quarterly sales growth ahead. The Minneapolis-based company said it earned $2.30 per share, or $1.05 billion, for the three months ended Jan. 31, down from $2.41 per share, or $1.10 billion, a year earlier. Adjusted earnings per share were $2.44 for the latest quarter. Sales fell 1.5 percent to $30.45 billion for the period, and full-year sales declined nearly 2 percent to $104.78 billion. "Target is struggling to show up for customers in a consistent and compelling way. There are too many out of stocks, too little inspiration in ranges, too much muddle and mess in stores. And all these things are eroding sales, as evidenced by the 3.9% fall in store comparables over the period," Neil Saunders, managing director of GlobalData, told CBS News. "There is no way to sugarcoat it: Target underperformed over the holiday quarter." Analysts polled by FactSet had been expecting $2.16 pe [Read more]
IMPACT SNAPSHOT
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