Target CEO Advocates Conservatism as Retailer Misses Holiday Earnings
A few months after suggesting a sales turnaround is afoot, Target (TGT) has offered up an earnings day misfire from start to finish. On Wednesday, the retail giant badly missed…
Lowe’s Ups Annual Sales Forecast Amid Storm Recovery Surge
By Savyata Mishra (Reuters) -Home improvement retailer Lowe’s Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its current-quarter sales from hurricane-related demand,…
Home Depot Increases Annual Same-Store Sales Outlook for Investors
(Reuters) -Home Depot (HD) raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors to offset weak spending on bigger projects such as kitchen renovations.…