No particular figures were provided wall street

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modestly lowered its near-term expectations for sales and earnings. No particular figures were provided. Wall Street analysts on average were expecting the Company to report earnings per share of $0.30 on revenues of $10.31 billion for the third quarter and earnings per share of $0.77 per share on revenues of $14.52 billion for the fourth quarter, according to Multex. Target Corp. Trims September Same-Store Sales Forecast-DJ - Oct 01, 2002 Dow Jones reported that Target Corp. said it expects same-store sales for September to be slightly below last year's levels. Target had planned for a 3% to 5% increase in same-store sales for its discount Target stores and a slightly smaller increase for the Company as a whole, due mainly to slower growth at two other divisions. Positive Influences on the Company: Target Corporation October Sales Up 9.8 Percent Target Corporation today (11/7) reported that its net retail sales for the four weeks ended November 2, 2002 increased 9.8 percent to $3.145 billion from $2.866 billion for the four-week period ended November 3, 2001. Comparable-store sales increased 1.5 percent from October 2001. Consistent Dividend Payments The fourth quarter dividend will be the company's 141st consecutive dividend paid since October 1967, when the company became publicly held. Future Drivers of Growth: Continuing to invest in brands and infrastructure – in 2001 invested $3.2 billion in new store construction, remodeling, and more sophisticated technology and distribution capabilities Innovative new programs – launched Target Visa card – first mass-scale application of smart card technology in the US aimed at deepening relationships with guests, driving merchandising, and increasing profitability.
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  • Summer '15
  • richardyip-chuck
  • Target Corporation, Dayton Hudson Corporation

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