TargetFourth quarter earnings will be reported before the bell, and the company will hold the first investor day in person since Tuesday’s outbreak.

Big-box retailers are expected to see a rise in sales due to the holidays season. spent a record amount at retailers in November and December. The company has increased its market share, and gained new customers as people turned to it’s websites and stores to buy a wide range of products, including groceries and sweatpants in one transaction. E-commerce has seen a significant increase in sales over the past 2 years. Customers were able pick up their online orders at curbside and get home delivery through Target’s Shipt.

As people try to balance other spending priorities, and the impact of inflation, it’s important that the company can show consumers its ability to be competitive.

Target’s strategy and outlook will be discussed with investors at an event that takes place in New York City.

These are the consensus estimates of Refinitiv:

• Earnings per share: $2.86, expected
• Expected Revenues: $31.39 Billion

Target shares increased by approximately 7% during the last year. Monday’s close shows this. On Monday, shares closed at $199.77. This is a decrease of 1%. Its market capitalization is $95.71 Billion.

The story is still in development. Keep checking back for more updates.