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Target’s First Quarter Results Weren’t as Good as Walmart’s

publication date: May 22, 2024
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Image Source: Target. 

Though Target is working hard to get back on track, it's difficult for us to grow excited about dabbling in Target’s shares given the stiff 3.1% decline in total revenue in the first quarter coupled with increased competition from Walmart and Costco that won’t be going away. We think Walmart and Costco are much better positioned for the current market environment than Target.


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