Loading...
Loading...
Target Corporation
TGT today reported that its net retail sales for the
four weeks ended August 25, 2012 were $5,543 million, an increase of 4.7
percent from $5,292 million for the four weeks ended August 27, 2011. On this
same basis, August comparable-store sales increased 4.2 percent.
"We're pleased with Target's August comparable-store sales increase, which was
near the high end of our expected range," said Gregg Steinhafel, chairman,
president and chief executive officer of Target Corporation. "Sales were
stronger in the second half of the month, as guests responded to Target's
broad assortment and compelling value for their back-to-school and
back-to-college shopping."
Sales Total Sales Comparable Stores % Change
(millions) % Change This Year Last Year
August $5,543 4.7 4.2 4.1
Year-to-date $38,532 4.8 4.2 3.1
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in