Target will report earnings before the bell — Here's what to expect

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Target will report earnings before the bell — Here's what to expect
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The big-box retailer's results come with higher stakes after missing earnings' expectations for three consecutive quarters.

The big-box retailer has missed earnings expectations for three quarters in a row and warned of soft holiday sales.

It will hold a conference call with analysts at 9 a.m. ET and will also host an investor day in New York City.A Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory.

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