Target (TGT) Feb Comps Down 4.1%
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Target Corporation (NYSE: TGT) said February comparable-store sales declined 4.1 percent.
Target reported that its net retail sales for the four weeks ended February 28, 2009 were $4,373 million, unchanged from $4,373 million for the four weeks ended March 1, 2008.
CEO Gregg Steinhafel said, "February sales were in line with our planned range for the month, as our sales results continue to reflect the significant economic challenges facing our guests."
Target reported that its net retail sales for the four weeks ended February 28, 2009 were $4,373 million, unchanged from $4,373 million for the four weeks ended March 1, 2008.
CEO Gregg Steinhafel said, "February sales were in line with our planned range for the month, as our sales results continue to reflect the significant economic challenges facing our guests."
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