Previous close | 96.35 |
Open | 96.35 |
Bid | 83.85 |
Ask | 87.55 |
Strike | 60.00 |
Expiry date | 2025-01-17 |
Day's range | 96.35 - 96.35 |
Contract range | N/A |
Volume | |
Open interest | 1 |
With the unemployment rate at a multi-decade low, household buying power remains largely intact, even though most of the Covid savings have already been used up. And that's what we saw in the Q1 earnings season, with consumer spending largely holding up.
Once a favorite among middle-class shoppers, Target’s reputation as a premium big-box retailer is now a liability as inflation drives consumers to seek value elsewhere.
On Wednesday, The TJX Companies, Inc. (NYSE: TJX) reported its first quarter results, proving its resilience amid a challenging macroeconomic climate, unlike Target Corporation (NYSE: TGT). Although same-store sales growth and second quarter guidance was disappointing, the off-price retailer topped earnings estimates and raised its full year guidance, like its peer Like Ross Stores Inc (NASDAQ: ROST) that reported its quarterly results on Thursday. TJX’s First Quarter Highlights For the quarter