Target, a big store, had good news and bad news about its sales. They sold more clothes and home stuff than expected during the holidays. But, things aren't so great now.
- Target's sales were better than some people thought, but still lower than last year.
- New taxes on things from China are making it harder for Target to make money.
- Target's stock price went down because of these problems.
Fact | Number |
---|---|
Target's sales for the last three months | $30.9 Billion (slightly better than expected) |
Target's stock price drop today | 3% |
Target's stock price drop this year | 12% |
Experts predict that Target might have a tougher time in the coming months because of these new taxes.