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.
FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today. Total revenues increased to $22 billion from $19.3 billion in the same period a year ago. The company reported a
Adobe Inc (NASDAQ: ADBE) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The software giant reported Q3 revenue of $3.94 billion, up 22% year-over-year and higher
The restaurant and food service industry is struggling to regain momentum after being hit hard by the pandemic. Restauranteurs are currently busy adapting to the changed operating conditions, shifting focus