Target (TGT) Tops Q3 EPS by $1.19, Comps Increase 20.7%

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Go back to Target (TGT) Tops Q3 EPS by $1.19, Comps Increase 20.7%

Target Corporation Reports Third Quarter Earnings

November 18, 2020 6:30 AM EST

MINNEAPOLIS, Nov. 18, 2020 /PRNewswire/ --

Third quarter comparable sales grew 20.7 percent Comparable traffic grew 4.5 percent, and average ticket grew 15.6 percent Store comparable sales increased 9.9 percent Digital comparable sales grew 155 percent, accounting for 10.9 percentage points of Target's comparable sales growth Same-day services (Order Pick Up, Drive Up and Shipt) grew 217 percent More than 95 percent of Target's third quarter sales were fulfilled by its storesThroughout the third quarter, the Company continued to gain market share... More