Target’s June Comps Fall Short of View; Outlook Reiterated

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Target’s June Comps Fall Short of View; Outlook Reiterated

TGT

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - July 05, 08:23AM from (www.dividend.com)

Retail giant Target Corporation (TGT) on Thursday reported June comparable sales numbers that missed Wall Street expectations. The Minneapolis-based company reported June same-store sales rose 2.1% from last year. On average, Wall Street analysts expected a better 2.8% gain. Same-store sales are a key metric used to measure a retailer's performance, since they only take ...

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