Tag: Profit Decline
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Target’s Profit Slide Signals Tough Holidays as Inflation Keeps Shoppers Cautious
Overview: Target Signals a Challenging Holiday Season Target Corp. is signaling a tougher path into the critical holiday period as its latest quarterly results show a continued pressure on profits amid stubbornly high inflation. The retailer, which has been grappling with softer foot traffic and cautious spending, indicated that its sales trajectory is unlikely to…
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UOB Struggles in Q3 as New Allowances Push Profit Down to S$443 Million
Singapore’s United Overseas Bank Reports Sharp Q3 Profit Decline United Overseas Bank (UOB) has reported a notable drop in its third-quarter profit for 2025, revealing a cautious stance amid a tougher operating environment. The bank announced a net profit of S$443 million for the quarter ended September 30, 2025, a 72% decline from the S$1.61…