Target Hit a Trough in 2022, D.A. Davidson's Baker Says

The video discusses inventory management strategies, focusing on LIFO and FIFO, and how retailers, particularly Target, managed inventory challenges in 2022. It highlights Target's successful inventory clearance and market reactions to earnings reports, comparing it to Walmart's situation. The video concludes with a positive outlook for Target's future performance.

What challenges did retailers face in 2022 regarding inventory management?

How did retailers respond to the inventory issues they encountered in 2022?

What was the performance of Target's inventory at the end of the fourth quarter compared to the previous quarters?

What factors contributed to the increase in Target's stock price despite a profit drop?

What are the expectations for Target's growth in 2023 and beyond according to the analyst?