Target Q2 Traffic -4.8%, Comparable Stores Sales -4.3%, Comparable Digital Sales -10.50%
Portfolio Pulse from Benzinga Newsdesk
Target Corporation's Q2 report shows a decrease in traffic by 4.8%, comparable store sales by 4.3%, and comparable digital sales by 10.5%.
August 16, 2023 | 10:32 am
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NEGATIVE IMPACT
Target Corporation's Q2 report shows a decrease in traffic, comparable store sales, and comparable digital sales. This could potentially impact the company's stock negatively in the short term.
The decrease in traffic, comparable store sales, and comparable digital sales indicates a potential decrease in revenue for Target Corporation. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100