Target Corp
TGT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Y! | LOCK|py! | LOCK|@@dt@> |
Target Earnings: Weak Traffic Amid Tepid Consumer Spending Pinches Results, but Shares Attractive
Target's third quarter included a 2.7% comp sales decline and adjusted EPS of $1.78, down 4%. Ongoing softness in discretionary categories and lower store-originated sales (down 3.8%) weighed, partly offset by growth in online sales (up 2.4%).
