Target earnings Q4 2016

CNBC | on Tue, Feb 28, 7:28 AM

Target[1] reported sales and earnings that missed Wall Street's expectations on Tuesday, in what was a disappointing holiday quarter for the big-box retailer. Its outlook for fiscal 2017 also fell well short of expectations. Target's stock price sank more than 13 percent in early trading, putting it on pace for its worst day since Aug. 31, 1998, when the company shed more than 16 percent. Here's how the company did: —EPS: $1.45 per share, excluding items, versus $1.51 per share expected by Th...

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