Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts

Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts

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posted fiscal fourth-quarter earnings results before market open on Tuesday that beat estimates as consumer spending shifts away from discretionary categories. The Minneapolis-based retailer saw same-store sales increase by 0.7 percent, higher than Wall Street estimates of -1.74%. Similar to…

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