Target's (TGT) Reiterated 2nd-Half Guidance 'Matters More' - Stifel

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Go back to Target's (TGT) Reiterated 2nd-Half Guidance 'Matters More' - Stifel

Target Corporation Reports Second Quarter Earnings

August 17, 2022 6:30 AM EDT

MINNEAPOLIS, Aug. 17, 2022  /PRNewswire/ --

Comparable sales grew 2.6 percent, on top of 8.9 percent growth last year.Comparable sales growth reflected 2.7 percent traffic growth.Growth reflected continued strength in Food & Beverage, Beauty and Household Essentials.The Company gained unit share in all five of its core merchandising categories in the second quarter.Store comparable sales increased 1.3 percent, on top of 8.7 percent growth last year. Digital... More