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Target’s Shares Drop After Missing Earnings Estimates in Q3

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Target Inc. reported its third quarter results before the markets opened Tuesday and lower-than-expected earnings, mixed with shrinking margins and an expanding inventory led to the retailer’s shares falling by up to 15 percent on the day, according to Reuters. Shares closed Friday at $67.30 and opened at $68.47 in early trading on Monday. In…

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