Target Corp. Brian Cornell Archives - MMR: Mass Market Retailers

Target posts strong sales, profit gains in Q2

August 19, 2020 by MMR Brian Cornell, fiscal results, second quarter, Target, Target chairman and CEO Brian Cornell, Target Corp. Brian Cornell Featured Articles, Leading Headlines, Money, Retail News

MINNEAPOLIS — Target Corp. reported record same-store sales gains in its second fiscal quarter, driven by a digital sales gain of 195%, the company announced on Wednesday. The retailer said its results reflect the continuation of heightened sales volume due to the COVID-19 pandemic. Target reported GAAP earnings per share (EPS) from continuing operations of

Target reports strong Q2 results

August 21, 2019 by MMR Target Corp., Target Corp. Brian Cornell Leading Headlines, Money, Retail News

MINNEAPOLIS — Target Corp. released its second-quarter earnings report on Wednesday, showing strong growth in all areas. For the quarter, Target saw its comparable sales increase by 3.4%, which it said was driven by a 2.4% growth in traffic. Its comparable sales have continued to be up about 10 percent over the last two years.