There's no question that Target's (NYSE: TGT) second-quarter results left a lot to be desired. The retail giant's profits plunged as poor inventory planning led to aggressive markdowns in discretionary categories. Target had indicated that the bottom line would take a hit as it made the decision to clear inventory, but the bite to profits was worse than expected. Read More...
CNW Group
Deere Reports Third Quarter Net Income of $1.884 Billion
Deere & Company (NYSE: DE) reported net income of $1.884 billion for the third quarter ended July 31, 2022, or $6.16 per share, compared with net income of $1.667 billion, or $5.32 per share, for the quarter ended August 1, 2021. For the first nine months of the year, net income attributable to Deere & Company was $4.885 billion, or $15.88 per share, compared with $4.680 billion, or $14.86 per share, for the same period last year.
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