Target, TJX Earnings Beat Estimates; Lowe’s Profit Misses

Minneapolis-based Target Corp. (TGT) reported robust growth in both sales and profitability during its third quarter. With an adjusted earnings per share growth of 105.1 percent, and comparable sales increase of 20.7 percent, the company’s results surpassed analysts’ projections. More than 95 percent of Target’s third quarter sales were fulfilled by its stores. Digital comparable sales grew 155 percent, accounting for 10.9 percentage points of comparable sales growth for the quarter.
RTT – Earnings