05-18-2022, 09:15 AM
Target just missed earnings estimates by 30% ($2.19 vs. $3.06) and said they are struggling with rising input and inflation costs.
Do you see either of those situations improving during the next quarter? With gas prices headed to $5 or $6 and Shanghai just coming out of full lock-down that further disrupted supply chains?
Anything consumer-related is going to struggle over the next several quarters. This isn't a one-off event.
Do you see either of those situations improving during the next quarter? With gas prices headed to $5 or $6 and Shanghai just coming out of full lock-down that further disrupted supply chains?
Anything consumer-related is going to struggle over the next several quarters. This isn't a one-off event.