Target’s stock rockets as store traffic grows, discretionary spending picks up

Date:

August 21, 2024

Target’s stock rocketed Wednesday, after the discount retailer reported a triple beat for its fiscal second-quarter and raised its full-year profit outlook, citing “meaningfully” improving trends across discretionary categories.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Target’s stock rockets as store traffic grows, discretionary spending picks up

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