Public Storage’s Post

$TGT Target Q2 EARNINGS: ✅ Adj. EPS $1.80 Beats $1.39 Est. ❌ Sales $24.77B Miss $25.18B Est. •Comp Store Sales -4.3%, •Comp Digital Sales -10.50%, •Traffic -4.5%; ❌Q3 Adj. EPS Guidance $1.20-1.60 vs $1.84 • Adjusted outlook for FY and Q3 amidst economic headwinds 🌪️ ✅ Despite the challenges, $TGT shares are up 8% but don’t fight the trend 📊 #earnings #finance #stockmarket

This is a long read. It is mentioned that 50 percent of Signet merchandise sales are in bridal. It is interesting to note that no mention is made on how LGD a may have impacted this category. Based on data provided by Edahn Golan on sales of LGD by independent jewellery stores the impact of LGD sales in Signet’s merchandising mix should at least be worth a mention. International sales are small relative to US sales. I am not sure where UK sales are booked. I am not an stock analyst but I did not learn a lot from this release. Maybe not information will be shared on earrings call by professional analysts.

How should Issuers and IROs engage with the diverse retail investor community? Explore The Retail Investor Sweet Spot with special guest Matt Joanou, CEO of Stakeholder Labs. Listen to the latest episode for a discussion that flows from retail investor behavior to expectations, with tips for engaging and leveraging this investible capital group. https://ow.ly/kpwa50Q43Qs

Coming from an Asset Protection background, I love this product. I'd be accused of having a bias given its a solution I sell at DATASCAN. However, having also participated in its development together with the feedback from our many clients, I have witnessed just how transformative this solution can be for not only the Operations Department, but for the Loss Prevention Departments as well - and that's what excites me. I know the plight of the LP Department searching for answers in a sea of data and that took weeks to trawl through. Dart Smart answers those questions at the click of a button.

Michaels Upgraded by S&P on Enhanced Performance https://lnkd.in/g2wWRSDY Michaels, the arts and crafts retail chain, has been upgraded by S&P due to its enhanced performance, proving its financial stability and growth. #michaels #upgraded #financialperformance #growth #retailchain The Leaders Magazine

Target Corporation (NYSE:TGT) lowered its annual guidance alongside its second-quarter results, but improved margin drove a better-than-expected profit figure, pushing shares up 7.5% in pre-market trading. The Minneapolis-based #retailer said sales in the three months to July 29 fell 4.9% to $24.38 billion from $25.65 billion the year before, but net earnings leapt more than fourfold to $835 million from $183 million, with EPS of $1.81 ahead of Street expectations of $1.39, and up from $0.40 before. The jump in profit came as second-quarter gross margin improved to 27.0% from 21.5% a year ago, reflecting lower markdowns and other inventory-related costs, lower freight costs, retail price increases, and lower supply chain and #digital fulfillment costs.  #NYSE #TGT More at #Proactive #ProactiveInvestors http://ow.ly/AM2C104Rjzg

The D&O segment has seen a shift between a hard and soft market over the past five years. Woodruff Sawyer discusses the recent trends and what 2024 potentially has in store for the market: https://bit.ly/3tMfXBX

For small retail businesses, store growth is a good indicator of future growth of the business. If the management is guiding for 15%-20% growth in the new store count, it means the revenue growth could increase to 25% with the rest of the contribution coming from SSSG (Same Store Sales Growth).

Despite macroeconomic factors such as rising inventory costs and supply chain issues that created headwinds for Lark and ecommerce businesses alike, it was the business's strong core fundamentals that led to a successful acquisition. Listen to Pallavi Golla's full story here: https://ow.ly/5Jom50QTlVi