Target Same-Store Sales Climb By 24.3% In Blowout Second Quarter

CNBC
By Staff of CNBC
Business News Television Channel •

Target on Wednesday blew past every forecast on Wall Street for its fiscal second quarter as it attracted millions of new customers online, setting a record for same-store sales that drove profits up by an eye-popping 80.3% to $1.7 billion.

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Target on Wednesday blew past every forecast on Wall Street for its fiscal second quarter as it attracted millions of new customers online, setting a record for same-store sales that drove profits up by an eye-popping 80.3% to $1.7 billion. CNBC’s Becky Quick reports.

 

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