Target delivers mixed Q1 results

Posted online May 18, 2016 | 11:35 am

Target reported higher-than-expected first-quarter profits, but same-store sales came in below analysts' estimates.

Excluding gains from the sale of the company's pharmacy and clinic business and restructuring charges, Target's earnings were $1.29 per share. Analysts predicted $1.20 per share.

Same-store sales rose 1.2 percent, less than predictions of 1.6 percent.

Read more from Reuters.

Comments

No comments on this story |

Please log in to add your comment

State Senate votes to repeal paid sick leave provision

Editors' Pick

From the Ground Up: Springfield-Greene County Library District Republic Branch

Under construction beside the existing Republic branch of the Springfield-Greene County Library District – which remains in operation throughout the project – is a new building that will double the size of the original, according to library officials.

Most Read