Tag: consumer discretionary
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Target sales up 8.9% year over year
Let’s hope that waning consumer confidence doesn’t drag things down as summer moves into fall. Target Corp. TGT -1.32% reported increased revenue in the second quarter as more people returned to stores and online spending moderated compared with last summer, when the Covid-19 pandemic upended shopping habits. The retailer said comparable sales, which include in-store and online purchases, for…
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3 reasons why Genuine Parts (GPC) is an incredible growth stock
Zacks.com highlights some positives that make Genuine Parts (GPC) a stock to watch for growth investors. They cite earnings growth, cash flow growth, and promising earnings estimate revisions as key factors. Genuine Parts (GPC) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it…