27 February 2013
Target’s fourth quarter retail sales, for the three months to February 2, 2013, increased by 6.8% to $22.4bn, with comparable store sales up 0.4%. EBIT increased by 3.2% to $1.7bn.
For the full year, total retail sales increased by 5.1% to $72.0bn, with comparable store sales up 2.7%. EBIT increased by 5.3% to $5.0bn. Robust full year performance built around three key initiatives