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Target (TGT) is one of the oldest and most iconic brands in American retail.
Target's annualized total return since IPO is just 5.4%, lagging the S&P 500 by over 5%.
KEY POINTS
- A $1,000 investment in TGT 20 years ago would now be worth about $3,900, annualized at 7%.
- Target ranks only fifth in U.S. e-commerce, well behind Walmart, due to digital underinvestment.
- Target's failed Canadian expansion cost $5.4 billion and resulted in closing 133 stores in 2015.
- Despite 52-week gains, TGT produced negative total returns over three- and five-year periods.
COMPANIES
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