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Target Sales Grow in 2Q

(August 2011) posted on Thu Aug 18, 2011

Same store sales improved by 3.9 percent


Target Corp. (Minneapolis) reported sales increased 5.1 percent in the second quarter ended July 30, 2011, to $15.9 billion. Same-store sales were up 3.9 percent

“We’re very pleased with our second quarter financial results, which benefited from acceleration in the pace of our comparable-store sales growth,” says Gregg Steinhafel, chairman, president, and ceo of Target Corp. “We continue to focus on strong execution of our strategy, preparing Target to perform well in a variety of economic environments.”
 


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