Market View Minute: US retailers fall in profits could help these companies

from Your Money with Michelle Martin · host MONEY FM 89.3

The latest earnings report from the US big box store Target is giving investors pause. Target is reporting a huge drop in quarterly profits — down 90 percent — as the retailer has had to to sharply markdown prices in order to clear inventory. Well, one company’s challenges is another’s opportunity. Which stocks might stand to benefit from Target’s massive clearance sales? Michelle Martin finds out.See omnystudio.com/listener for privacy information.

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This episode is 2 minutes long.

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This episode was published on August 18, 2022.

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