Target Corporation (NYSE: TGT) reported third-quarter 2020 financial results before the regular trading hours on Wednesday. The department store chain reported Q3 revenue of $22.6 billion, up 21% year-over-year and higher than the Wall Street projection. Meanwhile, net income of $2.79 per share was much better than what analysts had anticipated.
TGT shares rose 2% immediately following the announcement. The stock has increased by 29% since the beginning of this year.
Yesterday, Walmart (NYSE: WMT) reported a 5% increase in Q3 revenue, sending the stock up 1.5% during pre-market hours. Meanwhile, The Home Depot, Inc. (NYSE: HD) reported 23.2% year-over-year growth in Q3 net sales and a 24.1% increase in comparable sales.
Prior performance
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
