Target Corporation (NYSE:TGT) shares are trading slightly higher following strong earnings from top peer Walmart Inc. (NYSE:WMT).
For FY25, Walmart raised its adjusted EPS outlook to $2.42 – $2.47 (from $2.35 – $2.43), vs. the consensus of $2.45. Walmart boosted FY25 net sales (at constant currency) growth guidance to 4.8% – 5.1% from 3.75% – 4.75% earlier.
Meanwhile, Target will report its third-quarter results on Wednesday, November 20, 2024, at 7:00 a.m. central time.
Last week, Target announced its store hours for Black Friday week and the holiday season.
On Friday, November 29, Target will open its doors early at 6 a.m. local time, offering exclusive items such as the “Taylor Swift | The Eras Tour Book” and “The Tortured Poets Department: The Anthology” on CD and vinyl.
These items will be available only at Target, along with top deals across the store. Special offers will be available in-store, online, and through the Target app, providing shoppers with great value for their holiday purchases.
Price Action: TGT shares are trading higher by 0.57% to $157.46 at last check Tuesday.
Photo via Shutterstock
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