Target: people buy more and more food online
Target, one of the U.S.’s major grocery retail chains, closed a good quarter. The company posted earnings per share of 59 cents during the quarter, beating analysts ’expectations by 19 cents.
In terms of sales, the company also performed above the forecast. Sales in existing stores increased 10.8 percent, exceeding expectations on this line as well. It is reassuring that the company’s e-commerce branch was responsible for the most significant part of the growth -the Equilor Befektetési Zrt. drew attention. (agroforum.hu, Gadóc György)
Related news
American retail sales expanded more significantly than expected in July
Retail sales in the United States expanded more significantly than…
Read more >
Walmart owns the top 5 private label brands
Numerator’s updated Private Label Trends Tracker has found that nearly all…
Read more >
Inflation slowed in the United States in July
In July, inflation and core inflation in the United States…
Read more >
More related news >
Related news
A new chapter has opened in the history of Pizza Hut: The restaurant chain can be renewed based on the Hungarian model
On September 12, the ribbon was cut on Pizza Hut’s…
Read more >
150 million bottles, jars and aluminum cans have already been returned in Lidl stores
Lidl Hungary has reached a milestone in its new return…
Read more >
Style rethought – Hungaria sparkling wine has been renewed!
Hungaria, one of Hungary’s most popular bottle-fermented sparkling wine brands,…
Read more >
