|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.74 - 23.08|
|52 Week Range||20.46 - 36.44|
|PE Ratio (TTM)||13.76|
|Dividend & Yield||0.50 (2.19%)|
|1y Target Est||N/A|
Consumers don’t necessarily want to buy all of their groceries online, particularly perishables. Here's Amazon's real threat to supermarkets.
Target Corporation (NYSE:TGT) announces second-quarter earnings Wednesday before the markets open. If its latest guidance update in July is any indication, TGT stock is going to jump on the news. Target is expected to deliver positive same-store sales in the second quarter, a beacon of hope for a retailer that’s had four consecutive quarters of declining same-store sales heading into tomorrow’s earnings.
The $15 billion-a-year business is in dire need of an overhaul.