TGT Earnings: Key quarterly highlights from Goal’s Q1 2024 monetary outcomes | AlphaStreet – Coin Trolly

May 22, 2024

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Goal Company (NYSE: TGT) reported its first quarter 2024 earnings outcomes immediately.

Complete income decreased 3.1% year-over-year to $24.5 billion. Comparable gross sales declined 3.7%.

Web earnings dipped 1% to $942 million, or $2.03 per share, in comparison with final yr. Adjusted EPS was $2.03.

Earnings missed estimates whereas income matched expectations.

For the second quarter of 2024, the corporate expects a 0-2% enhance in comparable gross sales, and GAAP and adjusted EPS of $1.95-2.35.

The inventory plunged over 8% in premarket hours on Wednesday following the announcement.

Prior efficiency