Target’s earnings disappoint

Target’s third quarter earnings report fell short of Wall Street analysts forecast, a quarter after the retailer increased its full year guidance. For the third quarter, the retailer pointed to weaker sales of discretionary categories and higher costs associated with a port strike for the disappointing quarter. Target shares hit 52 week lows following the news. Courtney Reagan spoke with company executives and has more on CNBC’s Power Lunch. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

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