Shares of Target (TGT) are dropping on Wednesday morning after the company posted its first quarter report, missing expectations on revenue and revealing a 3.7% drop in comparable sales year over year. The company’s results starkly contrasted those of fellow retail giant Walmart (WMT), which saw an increase in comparable sales for the first quarter year over year.
Yahoo Finance Executive Editor Brian Sozzi joins Morning Brief to discuss Target’s results and the differences between the retailer and Walmart.
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