Target Stock Down On Q4 Sales Miss; Kohl’s Shares Surge As Profit Tops Estimates

Target Corp. (TGT) reported a 10.6 percent rise in fourth-quarter adjusted earnings per share, year-on-year. Operating income increased 7.3 percent from prior year. Comparable sales were up 1.5 percent, reflecting comparable digital sales growth of 20 percent. Shares of Target … Read more…