After several turbulent earnings seasons, $Target(TGT)$ showed a reversal trend in its Q2 financial report released yesterday. Despite falling short of revenue expectations, the operational improvements led to profits exceeding the market's forecast.Amid macro-level changes, Q2 witnessed sluggish sales of non-essential items. However, the company's stock price maintained an upward trajectory after the earnings announcement. This can be attributed to the significant sell-off previously triggered by declining profit margins. Q2 revealed a robust operational performance, and the provided guidance surpassed expectations.Total revenue decreased by 4.9% to $24.8 billion, falling below the market's projected $25.3 billion. Comparable store sales dropped b
CPI in September
The yearly rate of inflation slipped to 8.2 from 8.3%, and the core rate of inflation jumped a sharp 0.6%.