More on Target's (TGT) Q4: Comparable-store sales rose only 0.4% as a higher average transaction...

|About: Target Corporation (TGT)|By:, SA News Editor

More on Target's (TGT) Q4: Comparable-store sales rose only 0.4% as a higher average transaction price was offset by fewer total transactions compared to a year ago. Gross margin declined 60 bps to 27.8% during the period. The penetration rate for usage of the company's REDCards increased to 15.5% from 10.8% a year ago. The retailer expects full-year 2013 EPS of $4.85-$5.05 and Q1 EPS of $1.10-$1.20 vs $1.03 consensus. TGT +1.6% premarket. (PR)