Walmart hits new highs and Target dives after earnings as rivals diverge even more

CNBC

Summary

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Target etched out a slim sales increase in the third quarter but profits slumped as inflation-weary customers pulled back on spending
The Gazette
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Shares of Target (TGT) plunged as much as 20 per cent during pre-market trading Wednesday.
CTV News
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The big box retailer reported Wednesday a net income of $854 million ($1.85 per share) in the third quarter.
Newsweek
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Target's third-quarter results came up well short of Wall Street expectations, with sales growth of 0.3% from last year.
Insider

■ Story #46 ▪

issue 88:88 ▪

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updated 88:88

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