TGT
📉 Target forecasts little to no sales growth this year, signaling ongoing struggles.
⚠️ The retailer is facing pressure on earnings due to weak sales and tariff uncertainties.
📉 Competitors like Walmart and Costco are outperforming Target due to their strength in groceries.
@bernardodegarcia:
“Target forecasts little to no sales growth this year, a worrying sign for a big-box retailer struggling to recover from a prolonged recession. The company expects comparable sales to remain virtually unchanged this year, below analysts’ average estimate, while net sales are expected to rise about 1%. Target also warned of significant pressure on earnings in the coming months, citing factors such as weak February sales and uncertainty surrounding consumer sentiment and tariffs.”
Watch the exact part of the video where Bernardo Garcia talks about Target here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on Target (TGT) at the following link. TGT stock.