Categories Earnings, Retail

Target Corp: Stock slides following Q2 earnings

Target Corp (NYSE: TGT) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The department store chain reported Q2 revenue of $25.2 billion, up 10% year-over-year and higher than the Wall Street projection. Net income of $3.64 per share was also above the target that analysts had anticipated.

TGT shares fell 1.5% immediately following the announcement. The stock has gained 43% since the beginning of this year.

Target Corp Q2 2021 Earnings

Looking forward to listening to management/analyst comments on the results? Stay tuned here for Target Corp Q2 earnings call transcript

Prior performance

  • Target Corp Q3 2020 earnings
  • Target reports Q2 2020 earnings results

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Viewing Highlight