WMT Jun 2024 185.000 call
- Yahoo Finance
Target earnings miss the mark as inflation-battered shoppers avoid buying things they don't really need
Target comes up short after having shown signs of improvement in its business to cap off 2023.
- Yahoo Finance Video
Food inflation's tight grip on Americans' grocery budgets
As inflation persistently squeezes consumer wallets, its impact on food security for American households is becoming increasingly apparent. Alarmingly, a study by the Urban Institute reveals that nearly one in five adults have resorted to dipping into savings intended for other purposes to cover their grocery bills. Yahoo Finance's Brad Smith discusses the far-reaching implications of inflationary pressures within the food industry. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Investor's Business Daily
Target Dives On Weak Earnings, Guidance With Consumers 'Pressured'; TJX Breaks Out To Record High
Target dived after the discount giant missed on earnings and guided lower, citing "pressured" consumers. TJX earnings beat.
