BUSINESSWTOP DC
Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
Target reported its second consecutive quarter of comparable sales gains, rising 3.8% and signaling a turnaround from previous declines. The company upgraded its annual profit and sales outlook, attributing the solid performance to a merchandising overhaul under its new CEO. Target also noted additional financial elements including merchandise and a $994M tariff refund.
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- Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
- Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
- Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
- New merchandise, more foot traffic and a $994 million tariff refund powers a strong second quarter for Target
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