Target's Surprising Turnaround: Positive Sales Growth
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Targets Q4 earnings missed expectations, but full-year outlook surprised investors. Despite a slight dip in profits and sales, the company saw a positive turn in comparable sales early in Q1. New CEO Michael Fiddelke is implementing changes, including staffing increases, leadership reshuffles, and new product launches. Target now projects 2% sales growth for the year, with earnings per share ranging from $7.50 to $8.50.
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