The Daily Dose: What Target Actually Said


Brian Sozzi

 | Aug 21, 2014 | 10:00 AM EDT
  • Comment
  • Print Print
  • Print

Nine straight quarters of customer traffic declines. People buying fewer items each time they come to the store.

Welcome to Target (TGT), which has basically told us that all is not well with the U.S. consumer. Sure, the company's back-to-school sales have started off well. But when in the core of the business -- for instance, home and apparel -- folks are not shopping as much as Target expects and needs. These trends bother me, as they imply that back-to-school strength was merely a blip in the pan, and that August and September will show weak results....474 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money trading floor.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. Staffed with nearly 3 dozen investing pros, money managers, journalists and analysts, Real Money gives you a flood of opinions, analysis and trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please Login
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.