Target falls after earnings show further market share losses to Walmart and Costco

7 hours ago 1
Target Store

Neal McNeil

Target Corporation (NYSE:TGT) traded lower in early trading on Wednesday after posting weaker-than-anticipated Q1 results and lowering its full-year guidance.

The Minneapolis-based retail giant reported comparable sales decreased 3.8% during the quarter that ended on May 3 to miss the consensus

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