Raises FY EPS guidance, cuts comparable sales estimate (Il Sole 24 Ore Radiocor) - New York, 21 Aug - For the third quarter, Target expects a 0-2% increase in its comparable sales, and reported and adjusted EPS of 2.10-2.40 dollars.

It confirmed its full-year comparable sales guidance of 0-2% growth, but now believes the increase will more likely be in the lower half of that range.

However, based on "strong profit performance in the front half of the year", Target said that it now expects full-year reported and adjusted EPS of 9.00-9.70 dollars, up from the prior range of 8.60-9.60 dollars.

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(RADIOCOR) 21-08-24 12:53:02 (0244) 5 NNNN