Home - CBSNews.com | Target Q1 earnings beat expectations as company tries to turn things around

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Target posted its strongest quarterly gains in years, with first‑quarter earnings and revenue surpassing analysts’ expectations, joining Home Depot, Lowe’s and TJ Maxx, which also beat forecasts. The results signal a turnaround for the retailer, and CBS News senior business and tech correspondent Jo Ling Kent provides further analysis.

Read more: https://www.cbsnews.com/video/target-q1-earnings-beat-expectations-company-tries-turn-things-around/

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Target Q1 earnings beat expectations as company tries to turn things around

Home Depot, Target, Lowes and TJ Maxx all beat expectations with their first quarter earnings and revenue reported on Wednesday. Target had their strongest gains in years. CBS News senior business and tech correspondent Jo Ling Kent has more.

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TJX Companies, parent of TJ Maxx, raised its annual EPS guidance after beating Q2 estimates, with shares rising over 4% as revenue and comparable sales outperformed expectations.
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TJX, Parent Company of TJ Maxx, Raises Annual Guidance on Strong Earnings—Shares Jump 4%

TJX Companies, parent of TJ Maxx, raised its annual EPS guidance after beating Q2 estimates, with shares rising over 4% as revenue and comparable sales outperformed expectations.

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