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Well… that escalated $DRUG

WOW $GLMD squeeze to the $11s and halted, INSANE how far its come since my initial buy this morning in the mid $6s, thank you short sellers for making it happen, appreciate your sacrifice!!! Seriously everyone study timothysykes.com/blog/short-… as YOU SHOULD BE BANKING OFF THIS SHIT!

NEW FROM US: Super Micro—Fresh Evidence Of Accounting Manipulation, Sibling Self-Dealing And Sanctions Evasion At This AI High Flyer hindenburgresearch.com/smci/ $SMCI (1/x)

📊 Target Corporation Q2 2024 Earnings Report $TGT 📊 ⬛️ Key Highlights • $TGT Comparable Sales Up 2%: Target's second quarter saw a 2% rise in comparable sales, driven by a 3% traffic increase across all core merchandising categories. Digital sales grew by 8.7%, with same-day services like Drive Up and Target Circle 360™ showing double-digit growth. Discretionary sales improved, particularly in apparel, which grew over 3%. • Strong Operating Margin: Operating income margin rate rose to 6.4%, up 160 basis points year-over-year, supported by higher gross margins and strong sales. GAAP and adjusted EPS grew by more than 40% to $2.57, compared to $1.80 last year. 🟥 Guidance • Q3 2024 Outlook: Target expects a 0% to 2% increase in comparable sales and GAAP/Adjusted EPS ranging from $2.10 to $2.40. • Full-Year Expectations: While full-year comparable sales are still expected to rise between 0% to 2%, Target now anticipates the increase will likely be in the lower half of this range. The company raised its full-year GAAP/Adjusted EPS guidance to $9.00-$9.70, up from $8.60-$9.60. 🟧 Operating Results • Revenue Growth: Target reported total Q2 revenue of $25.5B, a 2.7% increase from last year. This was driven by a 2.6% rise in total sales and a 10.8% increase in other revenue. Operating income surged 36.6% to $1.6B, supported by sales growth and higher gross margins. • Expense Management: SG&A expenses were 21.2% of revenue, up slightly from 20.9% last year, reflecting higher costs from investments in pay and benefits, partly offset by disciplined cost control. 🟨 Interest Expense & Taxes • Interest Expense: Target’s net interest expense decreased to $110M from $141M last year, thanks to higher interest income due to larger cash balances. • Tax Rate: The effective income tax rate for Q2 2024 was 22.9%, slightly higher than last year's 22.2%, driven by higher pretax earnings. 🟩 Capital Deployment & ROIC • Dividend & Share Buybacks: Target paid $509M in dividends in Q2, a 1.9% increase year-over-year, and repurchased $155M of shares, retiring 1.1M shares at an average price of $145.94. The company has $9.5B remaining under its share repurchase program. • Return on Invested Capital (ROIC): Target's trailing twelve-month after-tax ROIC increased to 16.6%, up from 13.7% last year, due to higher operating income. 🟦 Additional Information • Webcast Details: Target’s Q2 earnings conference call is available on their investor relations website, with a replay accessible after the call. • Forward-Looking Statements: Target issued forward-looking statements regarding their fiscal 2024 Q3 and full-year guidance, subject to risks and uncertainties as outlined in their SEC filings.