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
ASK NEWS:
  • Edited Transcript of BERY earnings conference call or presentation ... - Yahoo! Finance
    Our target is to operate in three to four times ratio of net debt to adjusted EBITDA.
    08/9/2016 - 10:14 am | View Link
  • More
BING NEWS:
  • Target's 4Q profits miss estimates on heavy discounting
    For the full year, it expects adjust profit to be $5.20 to $5.40. Analysts expect $1.19 for the first quarter and $5.17 for the year. Shares rose $2.27 to $76.26 in midday trading.
    08/20/2015 - 1:00 pm | 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
    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
  • More
BING SEARCH:
  • The Why Forum
    Pokemon Go Demonstrates Clout of Sought After Content. With half the world’s population now having a mobile phone subscription, up from 20% ten years ago, mobile ...
    08/22/2016 - 11:43 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 ...
    08/22/2016 - 8:37 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    08/21/2016 - 5:57 pm | View Website
  • Past Daily Edition | American Pharmacists Association
    Teen birth rates fall nearly 50% among Hispanic and African American teens, dropping national teen birth rate to an all-time low
    08/21/2016 - 12:56 pm | View Website
  • US Top News and Analysis – CNBC
    Friday, 19 Aug 2016 | 8:17 AM ET. This former Lehman trader has never looked back since the company imploded. Now, he makes six figures ... but gets to do it while ...
    08/21/2016 - 10:12 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