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Target TGT stock has jumped around 15% since its blowout Q2 financial results on August 19 to sit right near its new highs. The retailer showcased its ability to shine during the pandemic, as it ...
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StockStory.org on MSNTarget (NYSE:TGT) Exceeds Q2 Expectations But Stock Drops
General merchandise retailer Target (NYSE:TGT) reported in Q2 CY2025, but sales were flat year on year at $25.21 billion. Its ...
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TGT reduced its inventory by 17% y-o-y, which helped drive gross margin up from 21.5% in Q2 2022 to 27% in Q2 2023.
Meanwhile, rival Wal-Mart reported U.S. e-commerce sales growth of 29 percent, with gross merchandise volumes up 36.1 percent. In comparison, Wal-Mart's overall revenues rose a mere 1 percent.
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