Target (TGT) Tops Q3 EPS by 20c, Comps Grew 12.7%

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Go back to Target (TGT) Tops Q3 EPS by 20c, Comps Grew 12.7%

Target Corporation Reports Third Quarter Earnings

November 17, 2021 6:30 AM EST

MINNEAPOLIS, Nov. 17, 2021 /PRNewswire/ --

Third quarter comparable sales grew 12.7 percent, on top of 20.7 percent growth last year. Comparable sales growth was driven entirely by traffic. Store comparable sales increased 9.7 percent, on top of 9.9 percent growth last year. Digital comparable sales grew 29 percent, following growth of 155 percent last year. Same-day services (Order Pickup, Drive Up and Shipt) grew nearly 60 percent this year, on top of 200 percent last year. More than 95 percent of Target's third quarter sales were fulfilled by its... More