Retail News

Target posts earnings, postpones investor conference over coronavirus concerns

Yahoo Finance 03/03/2020

Target’s same-store sales for the fourth quarter grew 1.5 percent, in line with expectations and the chain posted adjusted earnings per share of $1.69, better than the $1.66 Wall Street consensus. The retailer also announced that it was canceling an in-person analyst and investor conference in Manhattan today over concerns related to the coronavirus outbreak.

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