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More Retail Earnings Ahead: A Closer Look
ZACKS· 2026-02-28 00:10
Core Insights - The focus on earnings remains in the retail sector, with major companies like Target, Best Buy, and Costco set to report results this week [1] - Recent earnings releases indicate stable consumer spending trends, although cumulative inflation poses challenges, particularly for lower-income groups [2] - Discretionary spending categories have shown weakness post-COVID, but Walmart's recent results suggest some improvement [3] Retail Performance - Target shares have performed well this year, up 15.6%, outperforming Walmart's 15% rise and the broader market's 0.6% gain [5] - Target is expected to report earnings of $2.17 per share on revenues of $30.52 billion, reflecting year-over-year declines of 10% and 1.3% respectively [6] - Best Buy is anticipated to report EPS of $2.48 on revenues of $13.91 billion, with year-over-year changes of -3.9% and -0.3% [7] Earnings Season Overview - 481 S&P 500 members have reported Q4 results, showing earnings up 15.1% on 9.4% higher revenues, with 74.8% beating EPS estimates [9][16] - Among 22 retailers in the S&P 500 that have reported, total Q4 earnings are up 6.9% from the previous year, with 50% beating EPS estimates, the lowest in the last five years [13][14] - Amazon's Q4 earnings were up 5.9% on 13.6% higher revenues, despite missing EPS and revenue expectations [15] Future Expectations - Estimates for the current period (2026 Q1) have recently declined after earlier increases [26] - The overall earnings picture suggests double-digit growth is expected in 2025 and 2026 [27]
Target: I'm Waiting For Q4 Results Before Making A Move (Downgrade)
Seeking Alpha· 2026-02-27 22:51
Core Insights - The article discusses Target Corporation (TGT) and highlights the importance of numerical data in evaluating the company's performance, contrasting it with Walmart (WMT) [1] Company Analysis - Target Corporation's performance metrics are emphasized, suggesting that despite not visiting stores, the numerical data alone provides significant insights into the company's operations [1] Investment Perspective - The analysis is framed within a value investing context, focusing on identifying undervalued stocks with growth potential, indicating a fundamental approach to investment analysis [1]
Precipitate Signs Drill Contract and Conducts Drill Site Preparations in Advance of Drilling Newly Identified Target at Pueblo Grande Project
TMX Newsfile· 2026-02-27 21:05
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the "Company" or "Precipitate") is pleased to announce that it has completed improvements to existing property access routes and commenced preparations of new drill site locations within the Pueblo Grande Norte Zone of the Company's 100% owned Pueblo Grande Project ("Pueblo Grande" or the "Project") in central Dominican Republic. See photos below. In addition, the Company has signed a dril ...
Target says it will stop selling breakfast cereals with synthetic colors
The Guardian· 2026-02-27 19:17
The big-box US retailer Target announced on Friday that by 31 May it will only sell breakfast cereals made without certified synthetic food colors.The company is introducing the restriction amid increased pressure on the food industry from the Trump administration and the “Make America healthy again” (Maha) movement to stop using such ingredients, which they see as dangerous.Target has almost 2,000 stores across the US and employs about 400,000 people.“We know consumers are increasingly prioritizing healthi ...
Target's Profit Recovery Will Take Time, Analyst Warns - Target (NYSE:TGT)
Benzinga· 2026-02-27 17:57
Target Corp. (NYSE:TGT) stock fell Friday after Bank of America restarted coverage with an Underperform call, signaling the retailer's turnaround may take longer — and cost more — than bulls expect.Bank of America Securities (BofA) reinstated coverage of Target on Friday with an Underperform rating and a $103 price forecast, implying roughly 10% downside from Thursday’s close of $114.79.Analyst Christopher Nardone pegs his target at 14 times 2026 earnings per share forecast of $7.35 — about 4% below Wall St ...
Target's Profit Recovery Will Take Time, Analyst Warns
Benzinga· 2026-02-27 17:57
Target Corp. (NYSE:TGT) stock fell Friday after Bank of America restarted coverage with an Underperform call, signaling the retailer's turnaround may take longer — and cost more — than bulls expect.Bank of America Securities (BofA) reinstated coverage of Target on Friday with an Underperform rating and a $103 price forecast, implying roughly 10% downside from Thursday’s close of $114.79.Analyst Christopher Nardone pegs his target at 14 times 2026 earnings per share forecast of $7.35 — about 4% below Wall St ...
Target's management under fire as investors agitate for change
Reuters· 2026-02-27 16:03
Over the last three years, retailer Target has weathered intense criticism from consumers who have questioned its merchandise choices and policy decisions. ...
Bernstein Raises Target (TGT) Price Target Ahead of Key Strategy Update Under New CEO
Yahoo Finance· 2026-02-27 14:51
Target Corporation (NYSE:TGT) is included among the 13 Best Long-Term Dividend Stocks to Invest in Right Now. Bernstein Raises Target (TGT) Price Target Ahead of Key Strategy Update Under New CEO Ken Wolter / Shutterstock.com On February 26, Bernstein raised its price recommendation on Target Corporation (NYSE:TGT) to $91 from $80 and maintained an Underperform rating. The firm noted that Target is scheduled to report its Q4 results on March 3, followed by an Investor Meeting in Minneapolis. This will b ...
Target to remove synthetic colors from cereals by end of May
Yahoo Finance· 2026-02-27 14:49
Feb 27 (Reuters) - Target said on Friday it would sell only cereals made without certified synthetic colors by the end of ‌May, becoming the latest retailer to tighten standards amid a ‌crackdown on artificial dyes. The big-box retailer said it has worked closely with national and ​owned-brand partners to reformulate products where needed, and the decision applies to cereals sold both in-store and online. Packaged food makers such as PepsiCo, Campbell's and Conagra Brands had announced last year that t ...
Target to remove synthetic color from cereals by May end
Reuters· 2026-02-27 12:51
Core Insights - Target will exclusively sell cereals without certified synthetic colors by the end of May, aligning with a broader industry trend towards eliminating artificial dyes [1] Company Actions - Target has collaborated with national and owned-brand partners to reformulate products as necessary, applying this decision to both in-store and online cereals [1] - The move positions Target ahead of competitors like General Mills, which plans to phase out artificial colors by 2027, and Walmart, which aims to remove synthetic dyes from its U.S. private-label foods by January 2027 [1] Industry Context - Major packaged food companies, including PepsiCo, Campbell's, and Conagra Brands, announced last year their intentions to reduce artificial dyes in response to health initiatives [1] - The shift towards healthier product offerings is driven by increasing consumer demand for healthier lifestyles, as noted by Target's chief merchandising officer [1]