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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Target Corp | NYSE:TGT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.38 | 0.24% | 158.50 | 160.31 | 157.81 | 159.00 | 3,802,183 | 00:22:58 |
From May 2021 to May 2024
By Colin Kellaher
Target Corp. on Wednesday posted fiscal third-quarter revenue and earnings that topped Wall Street's expectations.
The Minneapolis retailer reported net income of $1.49 billion, or $3.04 a share, for the quarter ended Oct. 30, up from $1.01 billion, or $2.01 a share, a year earlier.
Excluding items, Target reported an adjusted profit of $3.03 a share for the quarter. Analysts polled by FactSet, on average, were expecting adjusted earnings of $2.82.
Revenue rose 13.3% to $25.65 billion, topping the $24.61 billion Wall Street was looking for. Comparable sales rose 12.7%, with growth driven entirely by a rise in customer traffic, easily surpassing expectations for a gain of 8.2%.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 17, 2021 06:48 ET (11:48 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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