Options Traders Bet on Target for Biggest Post-Earnings Swing Among Retail Giants
Retail earnings season intensifies as Target (TGT), Lowe’s (LOW), and TJX Companies (TJX) prepare to report quarterly results. Options markets signal heightened volatility for Target, pricing in a potential 9.56% move—more than double the implied swings for Lowe’s (4.5%) and TJX (4%).
The spotlight falls on Target amid a challenging year marked by a 32% stock decline. Analysts anticipate year-over-year drops in both revenue ($25.33B consensus) and EPS ($1.71), with discretionary spending headwinds and competitive pressures weighing on performance. The holiday season outlook could serve as a catalyst, where either margin recovery signals or inventory concerns may dictate the stock’s next major move.