Goal Company (NYSE: TGT) reported its first quarter 2024 earnings outcomes as we speak.
Whole 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 12 months. Adjusted EPS was $2.03.
Earnings missed estimates whereas income matched expectations.
For the second quarter of 2024, the corporate expects a 0-2% improve 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
