Target (TGT) Cuts Way Back
September 24, 2007 by Douglas A. McIntyreTarget’s (TGT) forecasts for September were off, way off. Instead of a 4% to 6% increase in same store sales, the big retailer is giving out a number of 1.5% to 2.0%.
According to Reuters on a recorded message, Target said it expects same-store sales to rise between 1.5 percent and 2.5 percent for the five weeks ending Oct. 6.
Douglas A. McIntyre
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