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Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton ...
Target's price-to-earnings (P/E) is just 16.3 compared to 28 for Walmart, while its yield is 3% compared to just 1.2% for Walmart. Walmart has been trading at a premium to Target for over three ...
Target in recent years has added more food and essentials to its stores, but still trails Walmart, which gets around half of sales from groceries. Walmart’s sales increased 3.8% last quarter.
Target reported net income of $942 million, or $2.03 per share, which is 3 cents short of analysts projections, according to a survey by FactSet. Profit for the period ended May 4 was also below ...
Universal Thread, denim-based women's clothing [3] Wild Fable, women's clothing brand targeting gen-Z [4] Prologue, a line of sophisticated female clothing [5] Auden, an intimates and lingerie exclusive brand [6] Stars Above, an in-house brand for sleepwear [6] Colsie, an intimates and loungewear brand [6]
Target shares fell 7.97% by the close of trading Wednesday on the heels of the results. Cornell went on to say sales trends are "normalizing" in categories where inflation has eased.
Bullseye at the 2009 ceremonial start of the Iditarod. Bullseye is a Bull Terrier and the official mascot of Target Corporation. The dog is featured in Target's commercial campaigns and in store sale signage and is used in various marketing campaigns, often portrayed as a male. There are three dogs who play Bullseye taking turns during ...