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Target Corp. revenue tops expectations

The Minneapolis-based retailer reports sales at stores open at least a year grew 4.3 percent in January. That easily beat Wall Street expectations of 2.1 percent.
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The Minneapolis-based retailer reports sales at stores open at least a year grew 4.3 percent in January. That easily beat Wall Street expectations of 2.1 percent.

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Related

Target's October sales trail expectations

Target Corp. says its same-store sales grew 2.4 percent in October, Forbes reports. Analysts were projecting same-store sales growth of 3.3 percent last month. The Minneapolis-based discount giant's total sales climbed 3 percent to $4.98 billion in October.

Target sales beat expectations, add to strong August for retailers

Target saw sales figures climb more than four percent for the first four weeks of August. That beat the expectations of analysts who thought the Minneapolis retailer would barely clear three percent. Back to school retail spending was generally strong around the country, even though surveys show consumers are uneasy.

Target Corp. phasing out Amazon.com products

Starting May 13, the Minneapolis-based retailer will stop selling Kindle e-readers. Target is in the midst of plans to expand Apple Inc. products in at least 25 stores.

Target reports strong quarterly sales, weak April sales

Shoppers spent less than Wall Street estimates expected in April. The Minneapolis-based retailer reports a key sales figure rose 1.1 percent last month. Foot, health and beauty continue to be the strongest categories. First-quarter sales were the strongest in more than six years, up 5.3 percent.

September sales even surprise Target execs

The Minneapolis-based retailer's store sales shot up more than 5 percent last month, beating Wall Street and their own expectations. Target officials say their net retail sales are now topping $40 billion for the year so far.

Target surprises Wall Street with higher July sales

Target Corp. said Thursday sales at stores open at least one year rose 3.1 percent in July, higher than the 2.7 percent that Wall Street analysts had expected. Total sales rose 3.2 percent to nearly $5 billion for the four-week period that ended July 28, Minneapolis-based Target said in a news release.

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The Minneapolis-based discount retailer reported a 1.2 percent increase for the first three months of 2012. Target is raising its full-year profit guidance.

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