2024-03-13 18:02:02 ET
Target Corporation saw a 1.7% decline in revenue in 2023, attributed to lower sales and higher operating costs. Despite investing in technology and supply chain infrastructure, challenges like inventory shrinkage persist. Management emphasizes customer convenience and competitive differentiation. Key metrics like sales by stores and product category sales are vital, with a return on invested capital exceeding the cost of capital. Risks from COVID-19, economic conditions, and cybersecurity are ma ... Full story available on KlickAnalytics.com