Wall Street sells Target on profit miss

Yahoo Finance Video

Target’s earning fell short of estimates - sending the stock down - even though revenue and same store sales topped street expectations – 3.6% during the holiday season. The company says wage hikes offset gains and they plan to continue reinvesting up to $7 billion through 2020. Yahoo Finance's Seana Smith, Ethan Wolf-Mann, Rick Newman and Dion Rabouin discuss.

Scroll to continue with content
Ad

What to Read Next