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Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
Target reported its second straight quarter of comparable sales gains, with comparable sales rising 3.8% due to a merchandising overhaul under its new CEO. The company also upgraded its annual profit and sales outlook, noting that digital comparable sales grew by 8.7%. These efforts include store remodeling and attracting more customers to both physical and online channels.
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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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