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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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 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.
Target tops Wall Street expectations, boosts full-year outlook
The Minneapolis-based cheap chic discount giant posted better-than-expected second-quarter revenue. Target also raised its full-year profit outlook for the third quarter that is well above analysts' expectations.
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 February sales up 8 percent to beat expectations
The Minneapolis-based retail giant says food and health care products were the strongest categories. Analysts expected a 5.2 percent rise.
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