Target Earnings Double, Guidance Raised Amid Tariff Refunds, But TGT Stock Falls Target Corporation's second quarter earnings report was a mixed bag for shareholders.
On one hand, the company's profits more than doubled to $4. 11 per share, crushing expectations and solidifying its position as a top performer in the retail industry.
However, despite these robust figures, Target's stock fell in premarket trade, leaving investors puzzled about what drove this unexpected decline.