Target Q2 revenue 25.5 bln usd, up 2.7%
Q2 adj EPS 2.57 usd vs 1.80 (Il Sole 24 Ore Radiocor) - New York, 21 Aug - The US retailer Target said that in the second quarter ended August 3 total revenue rose 2.7% to 25.5 billion dollars, reflecting a total sales increase of 2.6% and a 10.8% increase in other revenue.
Comparable sales increased 2.0%, with comparable store sales up 0.7% and comparable digital sales up 8.7%.
Second-quarter operating income grew 36.6% to 1.6 billion dollars.
Target posted reported and adjusted earnings per share of 2.57 dollars, compared with 1.80 dollars the previous year.
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(RADIOCOR) 21-08-24 12:49:47 (0241) 5 NNNN