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BY
Brian Yarbrough
Analyst at Edward Jones
USA
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Mentions in the News
Luxury fashion giant LVMH to buy Tiffany for $16.2B
Luxury conglomerate LVMH will buy Tiffany & Co. for about $16.2 billion after courting the storied New York jeweler for about a month, the companies announced Monday. The $135-per-share cash purchase will add Tiffany to Paris-based LVMH’s portfolio of 75 high…
Published: Nov 26 2019
Target’s Q3 online sales soar 31%
Target Corp.’s investments in ecommerce and same-day fulfillment options helped boost the retailer’s online sales 31% in the third quarter over the same period a year earlier. And, importantly, the rise in ecommerce sales didn’t weigh on profitability as it h…
Published: Nov 20 2019
Target Climbs to Record High on Sales Beat, Raised Forecast
(Bloomberg) -- Target Corp. reached a record high after raising its full-year outlook again on strong sales and profitability, providing a safe haven after several retailers unnerved investors.Third-quarter comparable sales, a key retail metric, rose 4.5%, a …
Published: Nov 20 2019
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