Target Sales Slip As Shoppers Shift To Rival Walmart

Benzinga 2025-11-18

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Target reports Q3 results Wednesday as prolonged shutdown-driven weakness in discretionary spending and market-share losses to Walmart continue to weigh on the business. Analysts expect a 2% drop in comparable sales, flat revenue, and lower EPS as the incoming CEO cuts layers and trims prices to regain competitiveness.

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