Home Depot Inc.

Target (TGT) Q1 2022 earnings

Target on Wednesday reported quarterly results well below Wall Street expectations, as the retailer faced high transportation costs, higher markdowns and weaker-than-expected sales of discretionary items, from televisions to bicycles. The shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared to consensus estimates from …

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