Target Corp. racked up its 20th consecutive quarter of sales growth but its bottom line took a big hit as freight and transportation costs came in much higher than expected.
The TJX Cos. reported first-quarter profit that topped analysts' expectations but its revenue came up short and the company lowered its full-year sales outlook.
Even record inflation didn’t damper Americans' penchant to spend in April, as retail sales overcame higher prices to show both monthly and year-over-year increases.
Walmart reported mixed first-quarter results as increased costs for food, fuel and wage took on a toll on profitability even as sales continued to show momentum.
