Target soars 9% after crushing earnings and reporting record same-store sales jump
Adjusted earnings per share:Target also reported that same-store sales rose by more than 24% in the last quarter that ended August 1, a record high for the retailer and nearly three times higher than the 8.6% jump analysts expected.
Digital same-store sales during the quarter rose 195%, and same-day service sales — including curbside pick up, drive up, and Shipt — grew 273% from a year earlier and accounted for about 6 percentage points of total comparable sales growth, the company said in a statement.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
All The Best Deals At Target Right NowDeals on soccer gear, skincare, electronics, toys, and more.
Read more »
31 Cheap Things From Target That’ll Make Your House Look Like You Hired An Interior DesignerWall decor, kitchen accents, and spacious solutions for your cozy home.♡
Read more »
China media accuses U.S. of 'stick-ups' as Trump mulls next tech targetTrump said this weekend that his administration is considering action against other Chinese tech companies on national security grounds.
Read more »
The new savings target for a modest retirement: $8 million?The 4% Rule has long been used as a guideline for retirees in determining how much they should be able to withdraw from their retirement account while still...
Read more »
33 Useful Products From Target That'll Help You Declutter Your Entire HomeAll the clutter in your house is shuddering with fear right about now.
Read more »
Iran reportedly paid bounties to the Taliban to target US troops in Afghanistan - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »