Seeking Alpha

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

More on Target (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)
Comments (1)
  • Yet still well below the highs of 07-08. Meanwhile, WMT has been an absolute monster since that same time period. WMT is best of breed.
    15 Aug 2012, 03:33 PM Reply Like
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