5 Retail Stocks Getting Left on the Shelf

Don't expect fireworks from these companies in the coming months

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5 Retail Stocks Getting Left on the Shelf

Target

Target (TGT) reported dismal results yesterday. Profit at the No. 2 retailer fell 46% percent to $341 million, or 54 cents per share.

Target 5 Retail Stocks Getting Left on the ShelfThe Minnesota company’s foray north of the border, its first outside the U.S., isn’t going well. During the last quarter, the business lost $238 million before interest and taxes. Unfortunately, its U.S. business isn’t doing very well, either. U.S. same-store sales fell 0.3% in the third quarter.

Still, despite the problems, shares of TGT have gained more than 7% since January.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/five-retail-stocks-discount-rack/.

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