MORE: Target Yr Adj. EPS View, 4Q EPS Miss Ests.; 4Q Comps Beat
Source: BFW (Bloomberg First Word)
Tickers
TGT US (Target Corp)
To de-activate this alert, click here
UUID: 7947283
(Bloomberg) -- Target forecasts FY17 adj. EPS $5.20-$5.40, est. $5.17.
Alert: HALISTER- Sees 1Q adj. EPS $1.15-$1.25, est. $1.20
- 4Q adj. EPS $1.52, est. $1.54, co. forecast $1.48-$1.58 (Nov. 18)
- 4Q rev. $21.6b, est. $21.6b (range $21.33b-$21.82b)
- 4Q comp. sales +1.9%, saw +1%-2%, est. +1.5% (Consensus Metrix, avg of 22)
- Says comp. sales in signature categories (Style, Baby, Kids, Wellness) grew more than 3x faster than co. avg
- 4Q traffic growth 1.3%
- Digital channel sales rose 34%, contributing 1.3ppts to comp. sales growth
- 4Q gross margin 27.9%, est. 28.3%, 28.5% y/y
- Conf. call 10:30am, (866)271-8911 pw Target
- See PREVIEW TARGET 4Q: Competitors’ Results Create Risk
Source: BFW (Bloomberg First Word)
Tickers
TGT US (Target Corp)
To de-activate this alert, click here
UUID: 7947283