Wow. Targets profits fell 90% from the same time period last year with inventory climbing

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FRANKIE said:
I always wondered why supposedly poor and starving people are all overweight.
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Poor people are overweight because crappy food is cheaper than healthy food.

Starving people aren't overweight. They look it because their livers enlarge. That's why all the starving kids in ethiopia all look like they swallowed a bowling ball.
 
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libertysnake said:
Also I don't have to even interact with a person now. I go in, pick the items I want, and basically scan the register and it pays for shit and I'm out the door in 5 minutes.
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do you get a discount for having to do the job of their employee?
No?

Fuck this "self-checkout" bullshit. It's just a way for them to fire people and make YOU do the task yourself.


And with regard to Target, I don't even need to care about their woke crap. I walked in, saw their prices anywhere from 5-10% higher than everyone else, walked out. No reason to go back.
 
Jmac00

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lets not go nuts here, a little perspective --------->


The Company reported second quarter GAAP earnings per share (EPS) of $0.39, down 89.2 percent from $3.65 in 2021. Second quarter Adjusted EPS1 of $0.39 decreased 89.2 percent compared with $3.64 in 2021. The attached tables provide a reconciliation of non-GAAP to GAAP measures. All earnings per share figures refer to diluted EPS.

"I'm really pleased with the underlying performance of our business, which continues to grow traffic and sales while delivering broad-based unit-share gains in a very challenging environment," said Brian Cornell, chairman and chief executive officer of Target Corporation. "I want to thank our team for their tireless work to deliver on the inventory rightsizing goals we announced in June. While these inventory actions put significant pressure on our near-term profitability, we're confident this was the right long-term decision in support of our guests, our team and our business. Looking ahead, the team is energized and ready to serve our guests in the back half of the year, with a safe, clean, uncluttered shopping experience, compelling value across every category, and a fresh assortment to serve our guests' wants and needs."
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On Tuesday TGT closed at $180 ( and change) On Wednesday the stock opened at $175 (and change)
The day Range for TGT was a Low of $173, the high was $176.
Basically, the stock is on a temporary sale. The stock is still a strong BUY, some anylist are saying they expect TGT to move to $200/share by the end of the year.

whether you like or hate TGT, the stock is on sale, with a potential to make a 20% to 30% profit by the end of the year. Don't forget, Christmas is just around the corner. TGT make a lot of money in the last quarter of the year
 
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WillyK said:
I went into a Target store once several years ago as the wife wanted to look at clothes. Bored, I wandered over to sporting goods to see if they sold targets.
Nope, Target doesn't sell targets. Or any related items.
I haven't gone back. Neither has she, actually.
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My buddy uses their bullseye paper bags as targets because they have a target on them. Haha
 
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MikeM said:
If you rely on opioids you live in fear that the state will ban you from getting them, then what, buy them on the street?
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My mother has already made comments along the line of "I always have one alternative".


If she does that because the politicians are mucking about with medically prescribed pain meds.........
 
1911guy

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libertysnake said:
Food and fitness/health always come first. Always.

That being said, getting healthier has actually nearly halved my foot bill and given me a more balanced diet. A lot of garbage foods are costly.

A bag of chips? I can buy an entire tub of greek yogurt for that bag, with enough protein to make a dozen fruit smoothies. I can buy two pineapples with that same amount of money as well and eat fruit all week. That bag of chips is a waste.
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Also a Waist :);)
 
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kev74 said:
No more .223 'cause its for evil black guns.

Lots of .308 though.
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Maybe that’s what it was. Didn’t pay too much attention. Just saw ammo and some common variations. All I know is that they had ammo and it wasn’t bare by any means.
 
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libertysnake said:
Also a perfect example, it's not astronomically high to eat well over a week. My groceries for a week / the amount of food I actually eat in a week is roughly:

$4 strawberries
$7 blueberries
$3 bananas
$1 in peanut butter
$5 for random other food (got a pineapple and three peaches this week for example)
$7 in chicken
$1 in oatmeal
$1 in bread
$1-2 worth of peanut butter powder
$3 in mixed nuts
$7 in protein cereal
$4-5 whey protein
$3 almond milk
$10 broccoli / snap peas
$5 misc veggies (A few plantains normally)
$20 household supplies (paper towel, soap, etc)
$5-10 random other stuff like olive oil or whatever.
$10 other protein sources like Tofu or veggie burgers
$5 worth of fish, typically salmon.
$5 greek yogurt

Realistically, that's not far off from what I eat during a week including paper towel / other stuff for the house. It's probably slightly higher, but it doesn't take much money to eat relatively well. $450ish looking at the balance sheet per month. If you're buying junk food that is $8-9 a bag, in that same period you're shorting yourself $40 almost a month on something that is full of garbage.
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100% this.

Eating decent is still cheap, and way cheaper than eating poorly.

Literally saw this as I saw this as I was getting dinner ready.

1660945181684.png


3 pork chops marinated, about $3.
Half a cantaloupe, $2
a big ass pile of beans tossed in a little bit of olive oil and pepper, $2

Will feed me, wife, and 2 little ones.

I'm sure everyone every now and then eats a fast junk meal, but 95% of the time I'm eating similar to this. You won't get a decent meal for 4 for $7 if you are buying precooked junk food.
 
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SonOfSun said:
100% this.

Eating decent is still cheap, and way cheaper than eating poorly.

Literally saw this as I saw this as I was getting dinner ready.

View attachment 169848


3 pork chops marinated, about $3.
Half a cantaloupe, $2
a big ass pile of beans tossed in a little bit of olive oil and pepper, $2

Will feed me, wife, and 2 little ones.

I'm sure everyone every now and then eats a fast junk meal, but 95% of the time I'm eating similar to this. You won't get a decent meal for 4 for $7 if you are buying precooked junk food.
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That's expensive for a cantaloupe. Walmart has them for $2.99 a whole one, but you have to get there early in the morning (I normally go at 7AM before I go to the gym, or I hit the gym and go right after at 8AM), and you'll get a decent one.


Also good man with the raw kernels of popcorn. The premade stuff is garbage. So easy to make good popcorn in a pan with canola.
 
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libertysnake said:
That's expensive for a cantaloupe. Walmart has them for $2.99 a whole one, but you have to get there early in the morning (I normally go at 7AM before I go to the gym, or I hit the gym and go right after at 8AM), and you'll get a decent one.


Also good man with the raw kernels of popcorn. The premade stuff is garbage. So easy to make good popcorn in a pan with canola.
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No microwave or pre-made popcorn. Raw kernels are the way to go. I actually use a no oil air popper, that's what the red appliance is next to the popcorn.

Wegmans was $4 for the whole, I didn't get a chance to stop at Niagara county produce this week.
 
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SonOfSun said:
No microwave or pre-made popcorn. Raw kernels are the way to go. I actually use a no oil air popper, that's what the red appliance is next to the popcorn.

Wegmans was $4 for the whole, I didn't get a chance to stop at Niagara county produce this week.
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I may have to try the no oil popper. I was trying to think of a good way to cook the plantains that doesn't involve oil so I can fry them up and add them to dishes I don't want to add oil into. Maybe some sort of air fryer can work for both the kernels and the plantains.

Although oil fry is still the way to go when doing a fried plantain sandwich (friend plantain, blueberries, almond butter, whipped heavy cream.)
 
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libertysnake said:
That's expensive for a cantaloupe. Walmart has them for $2.99 a whole one, but you have to get there early in the morning (I normally go at 7AM before I go to the gym, or I hit the gym and go right after at 8AM), and you'll get a decent one.


Also good man with the raw kernels of popcorn. The premade stuff is garbage. So easy to make good popcorn in a pan with canola.
Click to expand...


I've already been at work for 2 hours by 8 you damn slacker hahahaha
 
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Vapor said:
I was just joshing you.
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I know I'm just playing here as well. My schedule is basically flipped so my nights are my days. I'm basically constantly moving, constantly doing things. The only time I'm sitting is basically right now, and even now I'm only sitting for long enough to put a head pad on my leg for 15 minutes.
 
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