Target beats Q2 estimates, raises full-year sales and profit outlook
TGT Target Corp
$152.48 +0.97%
View chart & analysis → - 1Target (TGT) topped quarterly estimates for the second consecutive quarter and raised its full-year sales and profit guidance.
- 2Net sales came in at $26.5 billion (+5.3%), and diluted EPS of $4.11 far exceeded estimates of $2.32.
- 3CEO Michael Fiddelke expressed enthusiasm, noting strong customer response to the company's merchandise and pricing refresh.
This 3-line summary is compiled from the report below.
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