Target's fourth-quarter comparable sales declined by 2.5%

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Target reports a 2.5% decline in comparable sales for Q4, compared to Bloomberg’s consensus estimate of a 2.47% decrease.

The company’s comparable digital sales grew by 1.9%, but below the expected 3.21% increase.

Revenue for the period was $13.8 billion, versus an expected $13.5 billion.

Target’s stock price rose in pre-market trading on Tuesday.

(This is developing news. Please check back later for updates.)

Use InvestingPro for in-depth analysis of Target’s earnings report

This article was translated with the assistance of AI. For more information, see our Terms of Use.

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