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Target Corporation has faced significant challenges as it reported a substantial earnings miss for the third quarter, falling short of Wall Street profit forecasts. The retailer has also revised its full-year guidance downward after having raised it in the previous quarter. This cautious outlook comes as Target prepares for the critical holiday shopping season, raising concerns about its sales and profitability during this key period. The deteriorating situation has also affected stock performance, with Dollar Tree and Dollar General experiencing declines in their stock prices, highlighting broader issues within the retail sector.
On Wednesday, #Target badly missed third quarter Wall Street profit forecasts, slashed full-year guidance after raising it the previous quarter, and took a cautious stance on holiday sales and profit. https://t.co/VOONhhkM4G
On Wednesday, Target badly missed third quarter Wall Street profit forecasts, slashed full-year guidance after raising it the previous quarter, and took a cautious stance on holiday sales and profit. https://t.co/RlXO4xnmH2 https://t.co/W5yj864X7I
La situation de l'entreprise américaine de grande distribution TARGET se détériore rapidement sous nos yeux, et c'est pire que vous ne le pensez https://t.co/m5e7ttk2An