Target sales in the US are incredible. US Target sales performance is completely opposite to Target in Australia.
Target is closing Aussie stores. I was in Target last week and there were only 3 customers in the store."Here’s what Target reported for the fiscal first quarter ended May 1, compared with Refinitiv consensus estimates:
- Earnings per share: $3.69 adjusted vs. $2.25, expected
- Revenue: $24.20 billion vs. $21.81 billion, expected.
Net income jumped to $2.1 billion, or $4.17 per share, from $284 million, or 56 cents per share, a year earlier. Excluding items, the retailer earned $3.69 per share, higher than the $2.25 per share expected by analysts surveyed by Refinitiv"
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