Target (TGT) Tops Q2 EPS by 15c, Revenue In-Line, Comps Increase 8.9%
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Target Corporation Reports Second Quarter Earnings
August 18, 2021 6:30 AM EDTMINNEAPOLIS, Aug. 18, 2021 /PRNewswire/ --
Second quarter comparable sales grew 8.9 percent, on top of record growth of 24.3 percent last year. Comparable sales growth was driven entirely by traffic. Store comparable sales increased 8.7 percent, on top of 10.9 percent growth last year. Digital comparable sales grew 10 percent, following growth of 195 percent last year. Digital sales continue to be led by same-day services (Order Pickup, Drive Up and Shipt), which grew nearly 55 percent this year, on top of more than 270 percent last year.... More