Target Corporation (NYSE: TGT) reported first quarter 2020 earnings results today.
Total revenue grew 11.3% to $19.6 billion compared to last year. Total comparable sales grew 10.8%, while comparable digital sales rose 141%.
GAAP EPS from continuing operations was $0.56, while adjusted EPS was $0.59.
The company is not providing second quarter or full year guidance due to the uncertainty surrounding the COVID-19 pandemic.
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Hormel Foods (HRL) provides downbeat outlook as it expects volatile and high-cost environment in FY2023
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 4% on Wednesday after the company delivered mixed results for the fourth quarter of 2022 and provided a bleak outlook