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More on Target (NYSE:TGT): Strong U.S. retail sales more than offset a dip in credit card...

Aug. 15, 2012 7:43 AM ETTarget Corporation (TGT) StockTGTBy: Clark Schultz, SA News Editor1 Comment
More on Target (NYSE:TGT): Strong U.S. retail sales more than offset a dip in credit card revenue. SG&A expenses up 3.3% Y/Y to $3.59B. Credit card receivables fell 5% to $5.9B. Total store count up by 10 to 1,772. Expects Q3 EPS of $0.83-$0.93 vs. $0.76 consensus and full-year EPS of $4.64-$4.85 vs. $4.31. Shares +1.8% premarket to $64.49, marking a 52-week high. (PR)

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