BUSINESSKSTP ABC MINNEAPOLIS
Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
Target reported its second straight quarter of comparable sales gains, with store sales increasing 2.7% and digital comparable sales growing 8.7%. The company upgraded its annual profit and sales outlook after unveiling a $6 billion plan to reverse its sales slump through merchandising overhauls and retail remodels. CEO Michael Fiddelke noted the process is an important step forward in the planned growth.
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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
- Target is set to report first-quarter earnings, offer read on consumer
- Target’s Stock Rally Raises Earnings Bar as Comeback Gains Steam