Target Falls, Cava Rises, Hasbro Slides
On this episode of Stock Movers: - Target (TGT) shares fall as much as 6.5% premarket, erasing an earlier gain of about 3%, as executives warn that second-quarter comparisons are the “hardest” of the year. “Notably, in the quarter just ended, we faced the easiest prior year comparison of the year and will be facing the hardest comparison in Q2, a nearly two percentage point difference as we begin lapping last year’s launch of the Nintendo Switch two,” CFO James Lee said on the conference call. - Cava Group (CAVA) shares rise. Cava Group Inc. raised its annual…
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