Target Corporation has reported sales of $25.2 billion in Q3 FY24, up 0.9 per cent YoY, with total revenue rising 1.1 per cent to $25.7 billion.
Comparable sales grew 0.3 per cent, driven by a 2.4 per cent increase in traffic and 10.8 per cent digital sales growth.
Net earnings declined 12.1 per cent to $854 million.
For FY24, Target expects flat Q4 comparable sales and EPS of $8.30-$8.90.
Comparable sales grew 0.3 per cent, driven by a 2.4 per cent increase in traffic and 10.8 per cent digital sales growth.
Net earnings declined 12.1 per cent to $854 million.
For FY24, Target expects flat Q4 comparable sales and EPS of $8.30-$8.90.