Target Q2 Preview: Anticipating A Potential Sales Growth Inflection
TGTTarget(TGT) Seeking Alpha·2024-08-19 20:30
Sundry Photography Target (NYSE:TGT) is scheduled to report its Q2 results on Wednesday in the pre-market hours. I view the upcoming release as a potential inflection point for the company. Heading in, the retailer is guiding for a comparable sales growth range of flat to 2%. While this would pale in comparison to Walmart’s (WMT) recently reported 4.2% growth in the same metric, it would represent TGT’s first positive reading in the metric in over a year. Beyond the potential for topline comparable sale ...