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For your information, you can find below the description of the video Target's Profit Forecast Cut Is 'Transitory': Telsey's Feldman published by the Youtube channel Bloomberg Markets and Finance:
Joe Feldman, assistant director of research at Telsey Advisory Group, says increased costs and supply chain pressures are behind Target Corp.'s "transitory" margin shortfall. "Target's gross margin has pretty been very stable, right around 28% -- this quarter it really dropped a lot to 25.5%. I think that's transitory," Feldman says on "Bloomberg Surveillance."