Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget’s earnings disappointTarget’s third quarter earnings report fell short of Wall Street analysts forecast, a quarter after the retailer increased its full year guidance.
For the third quarter, the retailer pointed to weaker sales of discretionary categories and higher costs associated with a port strike for the disappointing quarter.
Target shares hit 52 week lows following the news.
Courtney Reagan spoke with company executives and has more on CNBC’s Power Lunch.
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