Target: raises its targets for Q2.
(CercleFinance.com) - Target says that it now expects EPS - both under GAAP and on an adjusted basis, to exceed the upper limit of its previous target range of 95 cents to 1.
15 dollar for its second quarter.
The discount retailer also expects modest sales growth at comparable stores over this period, while it has said that it expects to see a "low single-digit" fall in its Q4 results.
Target's management explained that it saw an improvement in the number of visitors and sales dynamics over the first two months of the quarter, "despite persistent challenges in a competitive environment."
Copyright (c) 2017 CercleFinance.com. All rights reserved.
15 dollar for its second quarter.
The discount retailer also expects modest sales growth at comparable stores over this period, while it has said that it expects to see a "low single-digit" fall in its Q4 results.
Target's management explained that it saw an improvement in the number of visitors and sales dynamics over the first two months of the quarter, "despite persistent challenges in a competitive environment."
Copyright (c) 2017 CercleFinance.com. All rights reserved.