Market View Minute: US retailers fall in profits could help these companies
Your Money with Michelle Martin · MONEY FM 89.3
August 18, 20222m 54s
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Show Notes
The latest earnings report from the US big box store Target is giving investors pause. Target is reporting a huge drop in quarterly profits — down 90 percent — as the retailer has had to to sharply markdown prices in order to clear inventory. Well, one company’s challenges is another’s opportunity. Which stocks might stand to benefit from Target’s massive clearance sales? Michelle Martin finds out.
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