360 Round: Target (TGT), Walmart (WMT) Earnings

Diya Iyer calls Target and Walmart “two different stories, two different customers.” Despite Target cutting prices on over 5,000 products, it couldn’t bring shoppers in. Meanwhile, Walmart posted a strong quarter and attracts consumers all over the income spectrum. Jharrone Martis says Walmart is stealing Target’s customers, particularly on the discretionary side.

Trading 360

20 Nov 2024

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