Target rattles Wall Street with weak quarter, outlook

Whaaat? But I thought their pro-tranny bathroom policies were supposed to attract swarms of shoppers!

Breitbart: MINNEAPOLIS (AP) — Target Corp. on Tuesday reported fiscal fourth-quarter net income of $817 million.

The Minneapolis-based company said it had profit of $1.45 per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share.

The retailer posted revenue of $20.69 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $20.75 billion.

Target expects full-year earnings to be $3.80 to $4 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGT at https://www.zacks.com/ap/TGT

13 Comments on Target rattles Wall Street with weak quarter, outlook

  1. Target’s store traffic has been down since the bathroom boycott began.
    Walmart’s traffic is up, by the exact same percentage.

    They will continue to be hurt because the boycotters seem to have made a permanent choice.
    Walmarts actually a far better run chain, with better selection, deeper inventory and lower prices.
    There’s no reason ever to go back to Target.

    They’re following K Mart and JCPenney to extinction.

  2. Have not been there since the bathroom hoopla started. Haven’t missed it a bit. They and their bathrooms, in-store Starbucks and freaky employees can all go straight to hell.

  3. Actually, tgt’s revenues were up 1mm to 73185000 from 72618000 last year end. The stock is down because that is what stocks do day to day. Instead of selling for 11 times earnings it is on sale for 10 times earnings today. Nobody shopping there is even aware of some bizarre bathroom proclamation by some bureaucrat in the organization

  4. This is silly hype. Come on they still made $20.69 BILLION! Missed eps by a nickel. The boycott isn’t working. They aren’t going bankrupt like they should be.

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