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WestEnd Capital Highlights Target and S&P 500 Margin Strength in Q2 Letter

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The Story

News Summary

  • WestEnd Capital Management released its Q2 investor letter, reporting a 16.3% net return and noting S&P 500 net profit margins reached a decade-high.
  • The fund highlighted Target Corporation's resilient omnichannel footprint, noting ongoing investments in store networks and digital fulfillment despite inflationary pressures.
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