Target’s (TGT) traffic growth and unit share gains show strong retail fundamentals, says Emerson Delgado. He and Joseph Feldman discuss how TGT rallies after earnings, which were released today, February 28th. Emerson notes that TGT applied significant discipline to contain the inventory problem and match assortment to current demand trends. Joseph says that TGT should continue to gain market share, supported by ongoing strategies, and that the company has multi-year profit recovery opportunity to support earnings.
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