Target (TGT) November/December Comps Increase 5.7%, Maintains EPS Guidance, CFO to Retire
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Target Reports November/December Sales, Maintains Full-Year Sales and EPS Guidance
January 10, 2019 6:30 AM ESTMINNEAPOLIS, Jan. 10, 2019 /PRNewswire/ --
Comparable sales grew 5.7 percent in the November/December period. Given last year's increase of 3.4 percent over that same period, comparable sales have grown more than 9 percent over the last two years. November/December comparable sales growth was driven primarily by traffic, combined with a small increase in average ticket. Store Pickup plus Drive Up grew more than 60 percent from a year ago, and accounted for a quarter of the Company's digital sales in those two months. Comparable digital... More