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Target shares plunge after sales miss estimates
Reuters ^ | 05.18.2016 | Nandita Bose

Posted on 05/18/2016 11:06:28 AM PDT by dware

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To: dware

Target, Target.

DEFUND totalitarian collectives, foreign and domestic.


41 posted on 05/18/2016 12:38:34 PM PDT by PGalt
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To: dware

I wonder when the shareholders tender a vote of no-confidence....


42 posted on 05/18/2016 12:39:56 PM PDT by trebb (Where in the the hell has my country gone?)
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To: bigdaddy45

And the next quarterly report will show an increase in sales as they juice the numbers by slashing prices to draw in customers. But the bottom line will reflect the margin squeeze.


43 posted on 05/18/2016 1:04:22 PM PDT by ameribbean expat (When the going gets weird, the weird go professional.)
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To: New Jersey Realist

You’re not counting the sympathetic enablers in our midst. That’s probably a much larger number than the actual T population.


44 posted on 05/18/2016 1:08:29 PM PDT by bicyclerepair (Ft. Lauderdale FL (zombie land). TERM LIMITS ... TERM LIMITS)
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To: dware

Guys, calm down, this is for the quarter ending at the end of April... boycott had nothing to do with this, the entire sector is down because the global economy is slowing down. Next quarter is the one where you will see if the boycott has an impact... assuming of course TGT does noticeably worse than the rest of the sector... this quarter, their report is pretty much in line with everyone else.


45 posted on 05/18/2016 1:10:58 PM PDT by HamiltonJay
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To: MissNomer

Target needs to explain to me how weather has an effect on the need to purchase groceries.
Hot, cold, sunshine, or raining, people still gotta eat.
Could it just be that those hungry people found some other place to purchase their groceries?


46 posted on 05/18/2016 1:12:23 PM PDT by 5th MEB (Progressives in the open; --- FIRE FOR EFFECT!!)
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To: bigdaddy45

Exactly, next quarter will be where you can see if the boycott had any impact... this quarter only had 2 weeks after the policy was announced.. TGT missed earnings like most of the sector did/will because the global economy is slowing down.... TGT must underperform the industry to claim the boycott is working, and if that happens it will be noticeable in their next earnings call in August.


47 posted on 05/18/2016 1:13:20 PM PDT by HamiltonJay
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To: dware

Target company stock drops another 6.70 a share today,down to 66.89 a share.They were at 86.00 a share 1 month ago.What is the difference?Oh thats right Target decided transgenders,pedophiles and perverts were more important than 99.7 percent of thier shoppers.Thats a loss of 20.00 a share or a loss of 20 billion dollars.Go Target!


48 posted on 05/18/2016 1:23:24 PM PDT by Craftmore
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To: dware

Beautiful, Effin Beautiful!

Target is going down. Good for the social justice wonks.


49 posted on 05/18/2016 1:31:53 PM PDT by BatGuano (You don't think I'd go into combat with loose change in my pocket, do ya?)
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To: dware

Anyone taking young children to Target for school clothes should be arrested for child abuse...


50 posted on 05/18/2016 2:06:27 PM PDT by GOPJ (Moms stripping daughters naked for strange men would be arrested EXCEPT in Target dressing rooms.)
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To: Mount Athos

I’m still boycotting for their firearm policy. Either way, it is refreshing to see them start circling the bowl a little more rapidly. The suction will take them eventually.


51 posted on 05/18/2016 2:14:00 PM PDT by Trod Upon (To be labelled "far-right" by modern journalists, one need do no more than NOT be far-left.)
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To: dware

I used to like Target OK, before they spruced up the store and got glitzy. Got some great bargains on end-of-the-aisle closeout merchandise. Now it’s ho-hum.


52 posted on 05/18/2016 2:14:23 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: dware

I used to like Target OK, before they spruced up the store and got glitzy. Got some great bargains on end-of-the-aisle closeout merchandise. Now it’s ho-hum.


53 posted on 05/18/2016 2:14:34 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: dware

$83.00 on April 18


54 posted on 05/18/2016 2:32:23 PM PDT by SMGFan (Sarah Michelle Gellar is now on twitter @SarahMGellar)
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To: bigdaddy45; SMGFan; HamiltonJay; Jedidah
Is that why their stock was almost at an all time high a few months back?

$83/share on April 18th (thank you SMGFan). $68 today. What's happened between then & now? I would venture a guess we should see even worse come 2nd quarter reporting. That's when we will ultimately know what kind of impact the boycott has had.

55 posted on 05/18/2016 2:38:00 PM PDT by dware (I don't care what bathroom they use, as long as it's in the nuthouse, where they belong)
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To: dware

High 84.69 on Jul 17, 2015 5 year high

68.05 Feb 10th 2016


56 posted on 05/18/2016 2:45:22 PM PDT by SMGFan (Sarah Michelle Gellar is now on twitter @SarahMGellar)
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To: MissNomer

because of unseasonable weather and weaker demand for electronics and groceries

Yep, that must be it.


Elsewhere:

The RMS Titanic capsized and sank due to the unforeseen destabilizing effect of reorganizing its deck chairs.


57 posted on 05/18/2016 2:48:42 PM PDT by YogicCowboy ("I am not entirely on anyone's side, because no one is entirely on mine." - JRRT)
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To: dware

The explanations provided did not mention the bathroom controversy. It’s pretty obvious that their sales have been affected by that. Isn’t that misleading their investors? Perhaps they should be investigated for providing false statements in their financial reporting.


58 posted on 05/18/2016 3:25:56 PM PDT by Real Cynic No More (Border Fence Obamacare!)
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To: MissNomer

Macy’s uses the same weather excuse, when they closed a bunch of stores.


59 posted on 05/18/2016 3:56:06 PM PDT by matt04
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To: Craftmore

Yes you can track the stock drop by date. That is a freaking huge amount... I bet if you compare when their credit cards were compromised they didnt see this much of a drop.


60 posted on 05/18/2016 4:32:17 PM PDT by Walkingfeather
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