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Target misses forecasts, cuts guidance

By Abigail Townsend

Date: Wednesday 21 May 2025

(Sharecast News) - Target cut its full-year guidance on Wednesday, weighing on the shares, after the US retail giant missed first-quarter forecasts.
The big box retailer said net sales fell 2.8% in three months to 3 May to $23.85bn, below the $24.27bn Wall Street was expecting.

Comparable sales were 3.8%...

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