SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Target Corporation - TGT
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Target Corporation - TGT
New York, New York--(Newsfile Corp. - March 28, 2023) - Pomerantz LLP is investigating claims on behalf of investors of Target Corporation ("Target" or the "Company") (NYSE: TGT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
纽约，纽约-(Newsfile Corp.-2023年3月28日)-Pmerantz LLP正在代表投资者调查索赔目标公司(“Target”或“Company”)(纽约证券交易所市场代码：TGT)。建议这样的投资者联系Robert S.Willoughby，电子邮件：newaction@pomlaw.com或888-476-6529转分机。7980号。
The investigation concerns whether Target and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
调查涉及Target及其某些高管和/或董事是否从事证券欺诈或其他非法商业行为。
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On May 18, 2022, Target announced results for the first fiscal quarter ended April 30, 2022. Among other items, Target disclosed that gross margin for the quarter was 26.75%, down 426 basis points from the prior year. Target attributed the decline to unanticipated changes in consumer spending, as well as higher supply chain costs. Additionally, Target announced that inventory was $15.08 billion, up approximately $1.1 billion compared to fourth fiscal quarter of 2021, attributing the elevated inventories to changing consumer spending habits.
2022年5月18日，Target公布了截至2022年4月30日的第一财季业绩。在其他项目中，Target披露本季度毛利率为26.75%，较上年同期下降426个基点。塔吉特将下降归因于消费者支出的意外变化，以及供应链成本的上升。此外，Target宣布库存为150.8亿美元，比2021年第四财季增加约11亿美元，将库存增加归因于消费者消费习惯的变化。
Finally, Target also revised its fiscal year 2022 outlook, lowering its fiscal 2022 guidance concerning operating margin to 6% from a margin rate of 8% or higher. Target attributed the guidance reduction, in part, to unexpected cost headwinds.
最后，Target还修正了对2022财年的展望，将2022财年关于营业利润率的指引从8%或更高下调至6%。Target将指引下调部分归因于意想不到的成本逆风。
On this news, Target's stock price fell $53.67 per share, or 24.93%, to close at $161.621 per share on May 18, 2022.
受此消息影响，塔吉特的股价在2022年5月18日下跌了53.67美元，收于每股161.621美元，跌幅24.93%。
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See .
Pmerantz LLP在纽约、芝加哥、洛杉矶、伦敦、巴黎和特拉维夫设有办事处，被公认为公司、证券和反垄断类诉讼领域的顶级律师事务所之一。由已故的亚伯拉罕·L·波美兰茨创立的波美兰茨是证券集体诉讼领域的先驱，他被称为集体诉讼律师协会的负责人。85多年后的今天，波美兰茨继续他建立的传统，为证券欺诈、违反受托责任和公司不当行为的受害者争取权利。该公司已经代表班级成员追回了无数数百万美元的损害赔偿金。请看。
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
联系方式：
罗伯特·S·威洛比
波美兰茨律师事务所
邮箱：rswilloughby@pomlaw.com
888-476-6529分机7980
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