Target's robust holiday sales give Wall Street a reason to cheer [CNBC]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: CNBC
show chapters Target on Tuesday posted same-store sales growth of 3.4 percent during the holiday season, topping an expected range of 0 to 2 percent, and raised its fourth-quarter and full-year earnings outlook. The news comes as retailers across the board, including American Eagle Outfitters , Lululemon , Kohl's and J.C. Penney , are benefiting from stronger consumer confidence, lower unemployment and higher wages. Target's stock gained more than 3 percent Tuesday morning on the news. As we look ahead to 2018, we will build on the foundation we established this year by launching additional exclusive brands, enhancing our digital capabilities, opening approximately 30 small-format stores and tripling the size of our remodel program to more than 325 stores, CEO Brian Cornell said in a statement. The company said tax reform legislation should create additional cash flow in 2018 it will use for capital investments, dividends and share repurc
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News
- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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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