Target (TGT) Misses Q3 EPS by 3c, Maintains FY EPS Guidance

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Go back to Target (TGT) Misses Q3 EPS by 3c, Maintains FY EPS Guidance

Target Reports Third Quarter Results

November 20, 2018 6:30 AM EST

MINNEAPOLIS, Nov. 20, 2018 /PRNewswire/ --

Comparable traffic growth of 5.3 percent and comparable sales growth of 5.1 percent were driven by healthy increases in both stores and digital channels. Third quarter comparable digital channel sales grew 49 percent, contributing 1.9 percentage points to comparable sales. The Company gained market share across all five of its core merchandising categories. GAAP EPS from continuing operations were $1.16, up 33.6 percent from last year. Adjusted EPS1 were $1.09, up 20.2 percent from last year. For additional media materials, please visit:... More