Target Corp. (NYSE: TGT) announced Thursday that sales were “soft” last month, as comparable store sales rose less than what was expected by market analysts.
The discount retailer reported that sales at stores open at least one year were up 1.7% in June, missing the market consensus calling for a 2.7% jump.
Total revenue for the company [...]
Discount store operator Target Corp. said Thursday that sales were “relatively soft” in June as revenue in stores open at least one year rose 1.7 percent, short of analyst expectations.
Analysts polled by Thomson Reuters, on average, had predicted a 2.7 percent rise.
The discount retailer’s total revenue for the five weeks ended July 4 rose [...]