Target (TGT) Reports Q2 EPS of $0.79, Beats by 13c; Comps Down 6.2%

August 18, 2009 8:40 AM EDT
Target (NYSE: TGT) reports Q2 EPS of $0.79, 13 cents better than the analyst estimate of $0.66. Revenue for the quarter was $15.07 billion, versus the consensus of $15.14 billion.

Same store sales fell 6.2%.

Gross margin for the quarter rose from 31.2% to 31.9%.

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Earnings, Guidance, Retail Sales