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Strong Holiday Sales and Margin Improvement Drive Buy Rating
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys and beauty products during November and December, but profit margin concerns sent its shares down nearly 3%.
Target says its holiday sales were better than expected — but its profits weren't
Discounts and sales events have remained a significant sales driver, as consumers emerge from a more than two-year stretch of high inflation. It’s unclear how much those deals will cut into Target’s and other retailers’ profit margins, and whether sales will keep improving if promotions fade away.
Positive Outlook for Target: Strong Holiday Sales and Margin Improvement Drive Buy Rating
Morgan Stanley analyst Simeon Gutman maintained a Buy rating on Target (TGT – Research Report) yesterday and set a price target of $160.00.Stay
Mikel Arteta tells Arsenal star to go on holiday
Saka is 'obligated' to go on holiday - Arteta
Arsenal boss Mikel Arteta has urged star forward Bukayo Saka to go on holiday while he is suffering from a hamstring injury sustained against Crystal Palace last month. The England international had scored nine goals and 13 assists before injury interrupted his season and ruled him out until March at the earliest.
Bukayo Saka: Mikel Arteta tells Arsenal star to go on holiday
Arsenal boss Mikel Arteta has said Bukayo Saka should take time off while he recovers from a hamstring injury, urging the winger to take some time to "refresh.
Bukayo Saka is 'obligated' to go on holiday as Arsenal attacker continues recovery from injury
Bukayo Saka has been told to take a holiday as the Arsenal star continues to recover from his hamstring injury.
18h
on MSN
Is the stock market open or closed on MLK Day 2025? See holiday schedule
Here's what you need to know about whether U.S. stock markets will be open on Martin Luther King Jr., Day this year.
2d
on MSN
Holiday Sales Topped Expectations. That Could Mean a Strong Start to 2025
Consumers spent $994.1 billion in the last two months of 2024, according to the National Retail Federation, surpassing the ...
2d
on MSN
Nation’s largest trade group: holiday sales rose a better-than-expected 4%
Sales for the 2024 holiday shopping season turned out to be robust and better than expected, as easing inflation on ...
2d
on MSN
Is Martin Luther King Jr. Day a federal holiday? What's open and closed for MLK Day 2025
Yes, Martin Luther King Jr. Day is one of 11 federal holidays recognized in the United States. Most grocery stores will hold ...
1d
2025 holiday schedule: See full list of dates for Easter, Memorial Day, federal holidays, more
Jan. 2025 holiday schedule: MLK Jr. Day, Inauguration Day, day of mourning, National Days Easter is celebrated on Sunday, ...
2d
Create Your Own Employee-Centered Holiday Celebration
My advice is don’t rely on traditional holidays such as Halloween or Christmas to spread appreciation and joy this year.
4d
Spain has killed off the British holiday home dream – here’s what to do about it
Spain has long been a dream holiday home destination, a place for British retirees to live out their days in the sun.
2d
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the ...
2d
NBC and Peacock Holiday Content Reached 88 Million Viewers From Thanksgiving to New Year’s Day (EXCLUSIVE)
NBCUniversal nabbed 88 million viewers with its holiday slate across NBC and Peacock from Thanksgiving to New Year's Day.
4d
Is Inauguration Day a holiday? Here's what will be open, closed on Monday, January 20
All federal and state courts and non-essential services will be closed on Monday, and the major banks — Bank of America, ...
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