For the first time in a year, targets quarterly profits came in higher than expected. Sales in the holiday quarter up just 1%. Their guidance is conservative, but I don't know why anyone would expect their guidance to be anything but conservative given the year that they've just had. The softness they're seeing in the discretionary side means, you know, they're going to see lower margins.
After a particularly rough 2022, Target is getting back to basics.
(0:20) Matt Argersinger discusses: - Zoom Video's slowing revenue growth - How Zoom's brand gives it an advantage against bigger competitors - Target beating expectations with household items, groceries, and a better management of its inventory
(11:00) Alison Southwick and Robert Brokamp take a closer look at tech layoffs in 2023 and one company that's managed them well.
To watch the 30-minute deep dive on dividend investing go to MasterClass.Fool.com before midnight on Wednesday!
Companies discussed: ZM, MSFT, GOOG, TGT, WMT, HD, AAPL
Host: Chris Hill Guests: Matt Argersinger, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineer: Rick Engdahl
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