Target’s Q1 earnings exceed expectations
MINNEAPOLIS — Target Corp. today said net income increased to $681 million, or $1.23 a share, in the first quarter, a 7.7% increase from $632 million, or $1.05 a share, reported a year ago. Same-store sales slid 1.3% in the period, as store traffic continued to decline. Overall revenue fell 1.1% to $16 billion, down