Target's 4q Profit Declines 5.2 Percent

Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.

RELATED ARTICLES
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • HTC Expects Brighter Second Quarter
    Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
  • Mobile Efforts Help Propel Facebook’s EarningsMobile Efforts Help Propel Facebook’s Earnings
    Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
  • Sears Didn't Move Fast Enough, CEO Says
    Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
  • J.C. Penney ad apologizes to customersJ.C. Penney ad apologizes to customers
    The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
BING NEWS:
  • Target's top grocery exec out amid food section struggles
    MINNEAPOLIS (AP) — Target's top grocery executive is leaving the company months after the retail giant announced disappointing results that analysts blamed partly on its struggling food section. Both the Minneapolis Star-Tribune and the Wall Street ...
    11/4/2016 - 1:15 am | View Link
  • Target's 4Q profit declines 5.2 percent
    But the discounter, which said Thursday that its business has rebounded since then, offered a full-year profit outlook that was above Wall Street estimates. The holiday season turned out to be fiercely competitive with stores offering deep discounts to get ...
    02/23/2012 - 9:20 am | View Link
  • Target's 4Q profit declines 5.2 percent amid heavy discounting to bring in holiday shoppers
    NEW YORK — Target Corp. reported a 5.2 percent drop in earnings for the fourth quarter, as big discounts to get tight-fisted shoppers to buy during the holiday season eroded profits. The discounter, however, offered a full-year profit outlook that was ...
    02/22/2012 - 11:53 pm | View Link
  • Target's 4Q profit declines 5.2 percent
    NEW YORK -- Target Corp. reported a 5.2 percent drop in earnings for the fourth quarter, as big discounts to get tight-fisted shoppers to buy during the holiday season eroded profits. The discounter, however, offered a full-year profit outlook that was ...
    02/22/2012 - 8:00 pm | View Link
  • Target’s 4Q Profit Declines 5.2 Percent
    The discounter, however, offered a full-year profit outlook that was above Wall Street estimates. Target, like others including rival Wal-Mart Stores Inc., stepped up price cutting during the holiday shopping season in November and December to get bargain ...
    02/22/2012 - 6:51 pm | View Link
  • More
BING SEARCH:
  • Structured Note Definition | Investopedia
    A structured note is a debt security issued by financial institutions; its return is based on equity indexes, a single equity, a basket of equities, interest rates ...
    12/4/2016 - 1:05 pm | View Website
  • US Top News and Analysis – CNBC
    1 Hour Ago. At least initially, Italy could call the shots for global markets in the week ahead, as the Trump rally begins to show signs of tiring.
    12/4/2016 - 11:39 am | View Website
  • Investopedia
    Investopedia is the world's leading source of financial content on the web, ranging from market news to retirement strategies, investing education to insights from ...
    12/4/2016 - 8:40 am | View Website
  • Today's Stock Market News and Analysis
    Please note that once you make your selection, it will apply to all future visits to NASDAQ.com. If, at any time, you are interested in reverting to our default ...
    12/3/2016 - 9:56 pm | View Website
  • Technology and Science News
    Get the latest science news and technology news, read tech reviews and more at ABC News.
    12/3/2016 - 8:41 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News