Target Corporation Reports Q4 EPS of $1.45 vs. $1.40; Revenue $20.66B vs. $20.76B

Target Corp.

today reported net earnings of $1,035 million for the quarter ended January 29, 2011, compared with $936 million in the quarter ended January 30, 2010. Earnings per share in the fourth quarter increased 17.0 percent to $1.45 from $1.24 in the same period a year ago. On a full-year basis, earnings per share were $4.00, a 21.4 percent increase from $3.30 in 2009. All earnings per share figures refer to diluted earnings per share. Total revenues $20.66B