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-0.000582804385458737 -0.000412002308136245 -0.00115406809001741 0.000403923831506019 0.00796306982111942 0.0189844200807847 0.0236595499134449 0.0181188690132717
Stock impact report

Walmart Surges Forward As Target Continues To Fall Back [Forbes]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Forbes
Conversely, Target faced its third consecutive quarter of declining comparable sales and lowered profit guidance. Despite efforts with AI and holiday promotions, Target struggles with merchandising and operational issues, entering a "doom loop" as its new CEO takes over amidst significant challenges. It's a proverbial tale of two retailers: the best of times for Walmart, the worst of times for Target. Both companies are preparing for leadership changes at the top, yet Walmart's incoming CEO has wind at his back, while Target's successor faces daunting challenges. Walmart Riding High Walmart Inc. third-quarter sales rose 6% year-over-year on a constant-currency basis to $179.5 billion and adjusted operating income advanced 8% constant-currency to $7.2 billion, though it was flat on a reported basis. On the home front, Walmart U.S. sales were up 5.1% to $120.7 billion, with comparable sales advancing 4.5%. It is attracting more higher-income customers to complement its strength Show less Read more
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