_target-issues-warning-on-near-term-growth-amid-rising-inflation-and-maxed-out-credit-cards.jpg "Target Issues Warning on Near-Term Growth Amid Rising Inflation and Maxed Out Credit Cards from item aunty song Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:37
👁 View: 2.7M times
✓ Published: 24-May-2024
👁 View: 2.7M times
✓ Published: 24-May-2024
Description:
Target warned of a weak near-term growth outlook as more Americans max out credit cards due to high inflation impacting household budgets. Target projected second-quarter sales to be flat to up 2% year-over-year, below analysts' estimates. One in three Americans has maxed out or is nearing the credit limit on at least one credit card. Discretionary spending will remain pressured in the short term as consumers spend cautiously, especially on non-essential items. Walmart also signaled consumers are spending more on essentials and stretching their budgets as inflation persists.
Target warned of a weak near-term growth outlook as more Americans max out credit cards due to high inflation impacting household budgets. Target projected second-quarter sales to be flat to up 2% year-over-year, below analysts' estimates. One in three Americans has maxed out or is nearing the credit limit on at least one credit card. Discretionary spending will remain pressured in the short term as consumers spend cautiously, especially on non-essential items. Walmart also signaled consumers are spending more on essentials and stretching their budgets as inflation persists.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_aunty-ji-lyrical-video-124-ek-main-aur-ekk-tu-124-imran-khan-kareena-kapoor.webp "T-Series")
⏲ 4 minutes 53 seconds 👁 1.7M
_20-fascinating-insights-about-common-items.webp "Explore 20 fascinating insights about everyday items! Join us as we uncover surprising facts and interesting details that will change the way you see the world around you.#FascinatingFacts #EverydayItems #CuriosityAnimation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_aarya-2-ringa-ringa-video-124-allu-arjun-124-devi-sri-prasad.webp "SonyMusicSouthVEVO")
_pepsiaunty-full-video-song-124-seetimaarr-songs-124-gopichand-tamannaah-124-sampath-nandi-124-mani-sharma.webp "Aditya Music")
⏲ 3 minutes 36 seconds 👁 706.8K
_7-am-124-etv-telugu-news-124-25th-may-92342024.webp "ETV Andhra Pradesh")
_9234aunty-ji-ek-main-aur-ekk-tu9234-full-video-song-124-imran-khan-kareena-kapoor.webp "T-Series")
⏲ 3 minutes 57 seconds 👁 7.1M
_target-slashes-prices-on-thousands-of-items.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Target is slashing rices on 5,000 items.")
_lil-million-big-aunty-official-video.webp "LIL MILLION 👉")
_aunty-ji-lyrical-video-124-ek-main-aur-ekk-tu-124-imran-khan-kareena-kapoor.jpg)
_20-fascinating-insights-about-common-items.jpg)
_aarya-2-ringa-ringa-video-124-allu-arjun-124-devi-sri-prasad.jpg)
_pepsiaunty-full-video-song-124-seetimaarr-songs-124-gopichand-tamannaah-124-sampath-nandi-124-mani-sharma.jpg)
_7-am-124-etv-telugu-news-124-25th-may-92342024.jpg)
_9234aunty-ji-ek-main-aur-ekk-tu9234-full-video-song-124-imran-khan-kareena-kapoor.jpg)
_target-slashes-prices-on-thousands-of-items.jpg)
_lil-million-big-aunty-official-video.jpg)
![[+]](/images/menu.gif){kind=small}