Target Says Things Aren't as Bad as You Think

Shares of big-box store Target (NYSE: TGT) have been getting beat up in the last year, and rightfully so. The company's same-store sales -- a measure combining foot traffic and dollars spent to show how well existing locations are doing -- have been going downhill as consumers shift their spending to online retailers. After Target's announcement of updated guidance last week, though, it would seem that Wall Street was a overly pessimistic on the company.

Data by YCharts.

Source: Fool.com