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The devil may wear Prada, but nearly everyone else is over at Walmart and Target.
And they're shopping despite still-high prices for groceries, gas and more. At least, that's what Wall Street is expecting to confirm this week when a slew of big box retailers share their second-quarter earnings. ******* ysts estimate that on Wednesday, Target will report a 13% increase for earnings per share and 4% growth for revenue. Expectations for Walmart when it reports Thursday are a 9% gain for earnings and 5% for revenue.
The retail giants have gotten a boost in recent months from value-conscious consumers hunting for deals.
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
#earnings #Share #prada
The devil may wear Prada, but nearly everyone else is over at Walmart and Target.
And they're shopping despite still-high prices for groceries, gas and more. At least, that's what Wall Street is expecting to confirm this week when a slew of big box retailers share their second-quarter earnings. ******* ysts estimate that on Wednesday, Target will report a 13% increase for earnings per share and 4% growth for revenue. Expectations for Walmart when it reports Thursday are a 9% gain for earnings and 5% for revenue.
The retail giants have gotten a boost in recent months from value-conscious consumers hunting for deals.
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
#earnings #Share #prada
2 days ago
