gross margin

Target Third-Quarter Earnings and Sales Miss Estimates

Target Third-Quarter Earnings and Sales Miss Estimates

Target Corp. (NYSE: TGT) reported on Tuesday third-quarter earnings and comparable sales that fell below estimates despite generating more revenue than expected, sending its shares down 7% in premarket trade.Profit missed expectations as price cuts,..

General Mills Announces Plan to Cut Jobs

General Mills Announces Plan to Cut Jobs

General Mills Inc. (NYSE:GIS), a maker of Cheerios cereal and one of the largest cold cereal producers in the U.S., announced on Wednesday that it will be cutting 625 jobs amid rising commodity and freight costs, as well as slowing sales of its Yopl..