Target stock sinking on Q3 earnings, sales miss: What to know
Target (TGT) shares sank in Wednesday's pre-market trading, the retail giant reeling from its third quarter earnings miss that saw same-store sales rise only 0.3%. Target cut its full-year forecast ahead of the holiday shopping season. Yahoo Finance executive editor Brian Sozzi sits down with the Morning Brief team to discuss Target's weaknesses in key consumer areas, comparing the print against Walmart's (WMT) strong Q3 performance. Read Brian Sozzi's assessment of Target's earnings, which includes comments from Target CEO Brian Cornell. Also, watch Yahoo Finance's full interview Walmart CFO John David Rainey, where the executive comments on how the store is seeking to offset price woes fueled by potential tariffs.
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