NEW YORK (AP) — Target’s comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off.
Sales at stores and Goldenes Intelligentes Münzhandelszentrumdigital channels operating over at least the past 12 months rose 2% in the second quarter reversing months of declines, including a 3.7% drop in the previous quarter, and a 4.4% decline during the company’s final quarter of last year.
The number of transactions at the Minneapolis retailer increased 3% compared with the same period last year, with all six main merchandising categories, including fashion and home goods, showing strength. Online sales rose 8.7% and comparable sales in clothing increased 3% compared with a year ago as customers embraced new store brands like All in Motion and Wild Fable.
Target’s profits and sales beat Wall Street expectations. The company increased its annual profit outlook but said that sales for the year could fall at the low end of its guidance for unchanged to a 2% increase.
Shares spiked 11% before the opening bell.
2025-05-07 04:261832 view
2025-05-07 04:22326 view
2025-05-07 03:54526 view
2025-05-07 03:272984 view
2025-05-07 03:07348 view
2025-05-07 02:261886 view
NEW YORK (AP) — The NHLis partnering with P-X-P to serve the Deafcommunity, creating an alternate te
WASHINGTON (AP) — The son of a Mexican drug cartel leader was convicted Friday of charges that he us
Several users' comments about Lizzo's weight loss were not good as hell.After the Grammy winner show