大 discount 零售稳如泰山的股票跌得跟科技股似的， 通胀搞得美帝消费者 Walmart 和 Target 都消费不起了吗 Target shares sink more than 20% after company says high costs, inventory woes hit profits Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles. Shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared with Refinitiv consensus estimates: Earnings per share: $2.19 adjusted vs. $3.07 expected Revenue: $25.17 billion vs. $24.49 billion expected The national retailer, known for its cheap chic brands of apparel, home decor and more, lapped an especially elevated sales period. A year ago, shoppers had extra dollars in their pockets from stimulus checks and reflected a sense of optimism with their purchases as they got their first Covid-19 vaccines. Sales did grow compared with that year-ago period. Comparable sales, a key metric that tracks sales at stores open at least 13 months and online, grew 3.3% in the first quarter. That is on top of a 23% increase in comparable sales in the year-ago quarter and it is higher than Wall Street’s projections for 0.8%, according to StreetAccount estimates. At Target’s stores and its website, traffic rose 3.9%. Even so, CEO Brian Cornell said the company missed the mark as its gains were “accompanied by unusually high costs.” “While we saw healthy top line growth in the quarter, we were less profitable than we expected to be or intend to be over time,” he said on a call with reporters. Among the challenges, Target said profits got hit by inventory that arrived too early and too late, compensation and headcount that rose at distribution centers, and a mix of merchandise sales that looked different than before. Target’s results mirrored Walmart’s quarterly earnings performance. Walmart reported Tuesday that it also missed on earnings, also citing higher inventory and numerous cost pressures. Walmart’s shares fell more than 11% on Tuesday and touched a 52-week low. Target reiterated its revenue forecast, which calls for mid single-digit growth this year and beyond. It did not provide an earnings per share estimate. Target’s net income in the quarter fell to $1.01 billion, or $2.16 per share, from $2.1 billion, or $4.17 per share, a year earlier. Excluding items, the retailer earned $2.19 per share, 88 cents short of the $3.07 expected by analysts surveyed by Refinitiv. Those adjusted earnings per share dropped sharply – down nearly 41% from the year-ago period. Total revenue rose to $25.17 billion from $24.20 billion a year ago, above analysts’ expectations of $24.49 billion. Target vs. Walmart While Target and Walmart both missed profit expectations by wide margins, they diverged in descriptions of the American consumer. Walmart Chief Financial Officer Brett Biggs told CNBC that the big-box retailer has seen some budget-strapped customers trade down to the store brand for deli meats and buy a half-gallon of milk rather than a full one. Some others, he said, are seeking out new gaming consoles and patio sets. Target CEO Brian Cornell, meanwhile, said on a media call that the company is seeing a healthy consumer, but one who is living – and spending – differently while resuming some pre-pandemic habits. For instance, Cornell said toy sales were a standout in the first quarter and grew by the high single digits as families resumed bigger children’s birthday parties. Luggage sales were up more than 50%, he said. On the other hand, sales of items like TVs, kitchen appliances and bicycles dropped off as consumers shifted their spending towards experience-based purchases like booking trips and buying gift cards for restaurants, he said. Cornell, however, warned that cost pressures “will persist in the near term,” stressing that some are beyond the company’s control. One of those factors is the price of gas, which hit a national average of $4.523 per gallon on Tuesday, according to AAA. Still, he said, it will continue to invest in the business, open new stores and said Target’s bright, long-term trajectory remains the same. With inflation at a nearly four-decade high, Chief Financial Officer Michael Fiddelke said on a call with reporters that Target will focus on offering value, even if that means absorbing some costs. He said raising prices “continues to be the last lever we pull.” “We’ve earned so much trust over the last several years with investments we’ve made in price and we aren’t about to trade that out in the current environment,” he said. As of Tuesday’s close, Target’s shares are down about 7% so far this year. Shares closed at $215.28 on Tuesday, bringing the company’s market value to $99.82.
大 discount 零售稳如泰山的股票跌得跟科技股似的， 通胀搞得美帝消费者 Walmart 和 Target 都消费不起了吗 Target shares sink more than 20% after company says high costs, inventory woes hit profits Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles. Shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared with Refinitiv consensus estimates: Earnings per share: $2.19 adjusted vs. $3.07 expected Revenue: $25.17 billion vs. $24.49 billion expected The national retailer, known for its cheap chic brands of apparel, home decor and more, lapped an especially elevated sales period. A year ago, shoppers had extra dollars in their pockets from stimulus checks and reflected a sense of optimism with their purchases as they got their first Covid-19 vaccines. Sales did grow compared with that year-ago period. Comparable sales, a key metric that tracks sales at stores open at least 13 months and online, grew 3.3% in the first quarter. That is on top of a 23% increase in comparable sales in the year-ago quarter and it is higher than Wall Street’s projections for 0.8%, according to StreetAccount estimates. At Target’s stores and its website, traffic rose 3.9%. Even so, CEO Brian Cornell said the company missed the mark as its gains were “accompanied by unusually high costs.” “While we saw healthy top line growth in the quarter, we were less profitable than we expected to be or intend to be over time,” he said on a call with reporters. Among the challenges, Target said profits got hit by inventory that arrived too early and too late, compensation and headcount that rose at distribution centers, and a mix of merchandise sales that looked different than before. Target’s results mirrored Walmart’s quarterly earnings performance. Walmart reported Tuesday that it also missed on earnings, also citing higher inventory and numerous cost pressures. Walmart’s shares fell more than 11% on Tuesday and touched a 52-week low. Target reiterated its revenue forecast, which calls for mid single-digit growth this year and beyond. It did not provide an earnings per share estimate. Target’s net income in the quarter fell to $1.01 billion, or $2.16 per share, from $2.1 billion, or $4.17 per share, a year earlier. Excluding items, the retailer earned $2.19 per share, 88 cents short of the $3.07 expected by analysts surveyed by Refinitiv. Those adjusted earnings per share dropped sharply – down nearly 41% from the year-ago period. Total revenue rose to $25.17 billion from $24.20 billion a year ago, above analysts’ expectations of $24.49 billion. Target vs. Walmart While Target and Walmart both missed profit expectations by wide margins, they diverged in descriptions of the American consumer. Walmart Chief Financial Officer Brett Biggs told CNBC that the big-box retailer has seen some budget-strapped customers trade down to the store brand for deli meats and buy a half-gallon of milk rather than a full one. Some others, he said, are seeking out new gaming consoles and patio sets. Target CEO Brian Cornell, meanwhile, said on a media call that the company is seeing a healthy consumer, but one who is living – and spending – differently while resuming some pre-pandemic habits. For instance, Cornell said toy sales were a standout in the first quarter and grew by the high single digits as families resumed bigger children’s birthday parties. Luggage sales were up more than 50%, he said. On the other hand, sales of items like TVs, kitchen appliances and bicycles dropped off as consumers shifted their spending towards experience-based purchases like booking trips and buying gift cards for restaurants, he said. Cornell, however, warned that cost pressures “will persist in the near term,” stressing that some are beyond the company’s control. One of those factors is the price of gas, which hit a national average of $4.523 per gallon on Tuesday, according to AAA. Still, he said, it will continue to invest in the business, open new stores and said Target’s bright, long-term trajectory remains the same. With inflation at a nearly four-decade high, Chief Financial Officer Michael Fiddelke said on a call with reporters that Target will focus on offering value, even if that means absorbing some costs. He said raising prices “continues to be the last lever we pull.” “We’ve earned so much trust over the last several years with investments we’ve made in price and we aren’t about to trade that out in the current environment,” he said. As of Tuesday’s close, Target’s shares are down about 7% so far this year. Shares closed at $215.28 on Tuesday, bringing the company’s market value to $99.82. huaren2018 发表于 2022-05-18 07:13
大 discount 零售稳如泰山的股票跌得跟科技股似的， 通胀搞得美帝消费者 Walmart 和 Target 都消费不起了吗 Target shares sink more than 20% after company says high costs, inventory woes hit profits Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles. Shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared with Refinitiv consensus estimates: Earnings per share: $2.19 adjusted vs. $3.07 expected Revenue: $25.17 billion vs. $24.49 billion expected The national retailer, known for its cheap chic brands of apparel, home decor and more, lapped an especially elevated sales period. A year ago, shoppers had extra dollars in their pockets from stimulus checks and reflected a sense of optimism with their purchases as they got their first Covid-19 vaccines. Sales did grow compared with that year-ago period. Comparable sales, a key metric that tracks sales at stores open at least 13 months and online, grew 3.3% in the first quarter. That is on top of a 23% increase in comparable sales in the year-ago quarter and it is higher than Wall Street’s projections for 0.8%, according to StreetAccount estimates. At Target’s stores and its website, traffic rose 3.9%. Even so, CEO Brian Cornell said the company missed the mark as its gains were “accompanied by unusually high costs.” “While we saw healthy top line growth in the quarter, we were less profitable than we expected to be or intend to be over time,” he said on a call with reporters. Among the challenges, Target said profits got hit by inventory that arrived too early and too late, compensation and headcount that rose at distribution centers, and a mix of merchandise sales that looked different than before. Target’s results mirrored Walmart’s quarterly earnings performance. Walmart reported Tuesday that it also missed on earnings, also citing higher inventory and numerous cost pressures. Walmart’s shares fell more than 11% on Tuesday and touched a 52-week low. Target reiterated its revenue forecast, which calls for mid single-digit growth this year and beyond. It did not provide an earnings per share estimate. Target’s net income in the quarter fell to $1.01 billion, or $2.16 per share, from $2.1 billion, or $4.17 per share, a year earlier. Excluding items, the retailer earned $2.19 per share, 88 cents short of the $3.07 expected by analysts surveyed by Refinitiv. Those adjusted earnings per share dropped sharply – down nearly 41% from the year-ago period. Total revenue rose to $25.17 billion from $24.20 billion a year ago, above analysts’ expectations of $24.49 billion. Target vs. Walmart While Target and Walmart both missed profit expectations by wide margins, they diverged in descriptions of the American consumer. Walmart Chief Financial Officer Brett Biggs told CNBC that the big-box retailer has seen some budget-strapped customers trade down to the store brand for deli meats and buy a half-gallon of milk rather than a full one. Some others, he said, are seeking out new gaming consoles and patio sets. Target CEO Brian Cornell, meanwhile, said on a media call that the company is seeing a healthy consumer, but one who is living – and spending – differently while resuming some pre-pandemic habits. For instance, Cornell said toy sales were a standout in the first quarter and grew by the high single digits as families resumed bigger children’s birthday parties. Luggage sales were up more than 50%, he said. On the other hand, sales of items like TVs, kitchen appliances and bicycles dropped off as consumers shifted their spending towards experience-based purchases like booking trips and buying gift cards for restaurants, he said. Cornell, however, warned that cost pressures “will persist in the near term,” stressing that some are beyond the company’s control. One of those factors is the price of gas, which hit a national average of $4.523 per gallon on Tuesday, according to AAA. Still, he said, it will continue to invest in the business, open new stores and said Target’s bright, long-term trajectory remains the same. With inflation at a nearly four-decade high, Chief Financial Officer Michael Fiddelke said on a call with reporters that Target will focus on offering value, even if that means absorbing some costs. He said raising prices “continues to be the last lever we pull.” “We’ve earned so much trust over the last several years with investments we’ve made in price and we aren’t about to trade that out in the current environment,” he said. As of Tuesday’s close, Target’s shares are down about 7% so far this year. Shares closed at $215.28 on Tuesday, bringing the company’s market value to $99.82. huaren2018 发表于 2022-05-18 07:13
Target shares sink more than 20% after company says high costs, inventory woes hit profits
Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles.
Shares fell about 22% in premarket trading.
Here’s what Target reported for the fiscal first quarter ended April 30, compared with Refinitiv consensus estimates:
Earnings per share: $2.19 adjusted vs. $3.07 expected Revenue: $25.17 billion vs. $24.49 billion expected
The national retailer, known for its cheap chic brands of apparel, home decor and more, lapped an especially elevated sales period. A year ago, shoppers had extra dollars in their pockets from stimulus checks and reflected a sense of optimism with their purchases as they got their first Covid-19 vaccines.
Sales did grow compared with that year-ago period. Comparable sales, a key metric that tracks sales at stores open at least 13 months and online, grew 3.3% in the first quarter. That is on top of a 23% increase in comparable sales in the year-ago quarter and it is higher than Wall Street’s projections for 0.8%, according to StreetAccount estimates. At Target’s stores and its website, traffic rose 3.9%.
Even so, CEO Brian Cornell said the company missed the mark as its gains were “accompanied by unusually high costs.”
“While we saw healthy top line growth in the quarter, we were less profitable than we expected to be or intend to be over time,” he said on a call with reporters.
Among the challenges, Target said profits got hit by inventory that arrived too early and too late, compensation and headcount that rose at distribution centers, and a mix of merchandise sales that looked different than before.
Target’s results mirrored Walmart’s quarterly earnings performance. Walmart reported Tuesday that it also missed on earnings, also citing higher inventory and numerous cost pressures. Walmart’s shares fell more than 11% on Tuesday and touched a 52-week low.
Target reiterated its revenue forecast, which calls for mid single-digit growth this year and beyond. It did not provide an earnings per share estimate.
Target’s net income in the quarter fell to $1.01 billion, or $2.16 per share, from $2.1 billion, or $4.17 per share, a year earlier. Excluding items, the retailer earned $2.19 per share, 88 cents short of the $3.07 expected by analysts surveyed by Refinitiv.
Those adjusted earnings per share dropped sharply – down nearly 41% from the year-ago period.
Total revenue rose to $25.17 billion from $24.20 billion a year ago, above analysts’ expectations of $24.49 billion.
Target vs. Walmart
While Target and Walmart both missed profit expectations by wide margins, they diverged in descriptions of the American consumer.
Walmart Chief Financial Officer Brett Biggs told CNBC that the big-box retailer has seen some budget-strapped customers trade down to the store brand for deli meats and buy a half-gallon of milk rather than a full one. Some others, he said, are seeking out new gaming consoles and patio sets.
Target CEO Brian Cornell, meanwhile, said on a media call that the company is seeing a healthy consumer, but one who is living – and spending – differently while resuming some pre-pandemic habits.
For instance, Cornell said toy sales were a standout in the first quarter and grew by the high single digits as families resumed bigger children’s birthday parties. Luggage sales were up more than 50%, he said.
On the other hand, sales of items like TVs, kitchen appliances and bicycles dropped off as consumers shifted their spending towards experience-based purchases like booking trips and buying gift cards for restaurants, he said.
Cornell, however, warned that cost pressures “will persist in the near term,” stressing that some are beyond the company’s control. One of those factors is the price of gas, which hit a national average of $4.523 per gallon on Tuesday, according to AAA.
Still, he said, it will continue to invest in the business, open new stores and said Target’s bright, long-term trajectory remains the same.
With inflation at a nearly four-decade high, Chief Financial Officer Michael Fiddelke said on a call with reporters that Target will focus on offering value, even if that means absorbing some costs. He said raising prices “continues to be the last lever we pull.”
“We’ve earned so much trust over the last several years with investments we’ve made in price and we aren’t about to trade that out in the current environment,” he said.
As of Tuesday’s close, Target’s shares are down about 7% so far this year. Shares closed at $215.28 on Tuesday, bringing the company’s market value to $99.82.
到了美国一百年也叫美帝，你不爽也只能自吞
这么玻璃心地真让人觉得好笑，去叫 CNBC 把这新闻撤下还是去叫华尔街不要砸盘把股价拉起来？
啥时候能把HD也干下去20%才好
楼主没看见华人满眼都是讨论Aldi和Costco吗？现在美国的通胀已经让大家从美国淘宝转向美国拼多多了。美国淘宝当然会跌。
今天 道琼斯暴跌 1500点
扯淡，现在future才跌150点
。。。。。。
现在股市里能涨的就是中概股和俄概股，对这两种股票已经没什么更厉害的坏消息了，任何新闻都是好消息
Target 自从有一年抛头露面大搞特搞同性厕所后，就失去了很多顾客。企业能不能专心点好好做生意！
鲍威尔讲话当天的股价和隔日的反应都是反的。也就是第二天才是MM真实态度。
1500点就是夸张给你们看的。不过大科技跌完，接下来道指要领跌了。
最后油价什么时候暴跌，才是美股见底了
Re: 这两个，还有油价，CPI, PPI之类的，都指向一个方向: resession, hard landing, fed还死鸭子嘴硬，抱着一堆古老的不合时宜的formulas不放，一点办法都没有 🥲
加州costco 5.89 估计肯定有超过7.⁰美元的地方
re
谢谢，很受启发
Walmart 昨天的跌幅据说是自 1987年股灾日之后的最大单日跌幅， TGT 今天的跌幅估计也是该股历史上的一个小纪录
财报前把TGT卖了, 蒙对了. 财报前把HD卖了, 第二天一看, 竟然beat财报, 很意外呵. 不过今天都跌了, 买不买回来呢? 现在买东西的人还是很多, 就是商家不太赚了.
GAP 早跌透了, 不会爆雷了.
酸爽不酸爽。
昨天看到大妈喊错过了大底，我就知道要开始跌了
Walmart 这些年涨了很多, 这跌的不算多, 可见人们还是喜欢walmart. 目前我卖飞了, 等着买回来的股票还有Coke, Tyson food. 中间零售商不赚钱, 厂家看来还是赚钱的.
中档零售肯定会兜不住，衰退时生意好的是dollar店折扣店，高端奢侈品牌受影响比较小，比如LVMUY
HD那生意我觉得难，应该会在地产冷却之后几个月
真能像日本那样真的就挺好了...
跌了1000点了，向层主的目标稳步前进。
Walmart 和 Target 联袂冲击比来两个大 tech 冲击更厉害， 除了这些股向来不怎么动，稳之外， 这是美国实体经济和 main street 消费市场的风向标
厉害啊， 1100 了， 1500 possible
牛！1247 了。
另一只零售股 BBWI 也 guide down, 最近 er 向下 guide 的公司有增多趋势，形势有点 .............
为什么tjmaxx还涨这么多
哈哈，唯一绿的是 TJ Maxx 和 Progressive。
Q1的财报比预期好。也可以理解，现在大家都去廉价商店买便宜的东西啦。
请问这种红色的图在什么网站可以看到？？？
是啊，大科技等苹果特斯拉跌到位就差不多了，其他都已经跌到疫情前了，后面看其他战道暴跌了。
https://finviz.com/map.ashx
感谢！！！
科技股才开始跌，好吧
科技股这波下跌，两三年内不可能解套，参看00年互联网泡沫，qqq十几年才涨回去
TJMAXX连我都不去了，一点不便宜。
是啊。感到大家还在讨论股市，就知道还没去跌到底。 到底的时候大家都不谈了
隔壁有个帖子说2000年股市崩盘，后面花了15年才拉平
造谣一张嘴
这个是2016年开始的， 不妨碍疫情期间target 大赚特赚，这次不行了跟厕所有个毛关系？
川粉理解的因果而已。
纳指已经跌了30%了，大盘都已经跌了5个月了，还不算去年已经跌到脚踝的中小盘科技股，你管这个叫才开始跌。。。用这个标准，标普和道指还在创新高的路上。
我赌一块钱，纳指权重股不可能十几年，现在的ARKK类似20年前的纳指，都是不挣钱的画饼公司，那些公司要很久。
跳槽….大裁员会很快到来的。