Minneapolis, Minnesota-based Target Corporation (TGT) operates as a general merchandise retailer, offering apparel, accessories, pet supplies, food and beverage products, appliances, home decor, and more. Valued at $42.8 billion by market cap, Target operates as one of the largest discount retailers in the U.S.
The retailer is set to announce its third-quarter results before the markets open on Wednesday, Nov. 19. Ahead of the event, analysts expect TGT to report an adjusted EPS of $1.78, down 3.8% from $1.85 reported in the year-ago quarter. While the company has surpassed the Street’s bottom-line estimates once over the past four quarters, it missed the projections on three other occasions.
