HomeLifestyleFood & BeverageTarget (TGT) Warns Of Profits Dropping Due To Excess Inventories

Target (TGT) Warns Of Profits Dropping Due To Excess Inventories

Target (TGT) is trying to get ahead of the excess inventory before back-to-school season, says Kevin Green. He and Stephen Guilfoyle discuss big retail stocks. They talks about how TGT reiterated its sales growth forecast and said that margins will look healthier in the back half of the year. They also talk about Costco (COST) and Walmart (WMT). WMT’s shares are down 15% this year. Tune in to find out more.

Trading 360

07 Jun 2022

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