Target (TGT) Tops Q1 EPS by $1.54, Comparable Sales Grew 22.9%
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Target Corporation Reports First Quarter Earnings
May 19, 2021 6:30 AM EDTMINNEAPOLIS, May 19, 2021 /PRNewswire/ --Â
First quarter comparable sales grew 22.9 percent, on top of 10.8 percent growth last year. Store comparable sales increased 18.0 percent, on top of 0.9 percent growth last year. Digital comparable sales grew 50 percent, on top of 141 percent growth a year ago. Same-day services (Order Pickup, Drive Up and Shipt) grew more than 90 percent, led by growth in Drive Up of 123 percent. More than 95 percent of Target's first quarter sales were fulfilled by its stores.The... More