Target is latest to report that it had a holly, jolly holiday season [USA TODAY]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: USA TODAY
Target was the latest retailer to report its holiday sales performance. (Photo: SAUL LOEB, AFP/Getty Images) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Shoppers gave Target a gift this holiday season, boosting the big box retailer's sales and giving it a tailwind that has led the company to raise its financial forecast for not only the quarter but the full year. Increased purchases of items ranging from groceries to clothing led to Target's overall sales rising 3.4% in the last two months of 2017 - a significant leap over its earlier prediction of a 0% to 2% uptick. The strong holiday performance has led Target to raise its earnings forecast for the fourth quarter to between $1.30 to $1.40 per share, up from the previous range of $1.05 and $1.25. It also boosted its overall earnings expectations for 2017 to between $4.64 and $4.74 a share, up from an earlier projection of $4.40 to $4.60. Investors seemed pleased, with the store chain's
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News
- Sleep Sweet: Save Up to 65% Off a New Mattress With These Deals [CNET News]CNET News
- Westshore Plaza renovation gets green light from Tampa City Council [Yahoo! Finance]Yahoo! Finance
- Why are so many home retailers going private? [Yahoo! Finance]Yahoo! Finance
- Shop the best Mother's Day jewelry sales at Zales, Macy's, and Tory Burch [USA TODAY]USA TODAY
- Cosmoprof North America Las Vegas Returns to Mandalay Bay for Its 21st Edition [Yahoo! Finance]Yahoo! Finance
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 4/10/24 - Form 8-K
- M's page on the SEC website