Target Corporation Reports First Quarter Earnings

MINNEAPOLIS, May 22, 2024 /PRNewswire/ -- First quarter operating income margin rate of 5.3 percent reflects a 140 basis point improvement in gross margin rate as compared to the prior year. First quarter comparable sales declined 3.7 percent, in line with expectations. Digital comparable...

Target Corporation Reports First Quarter Earnings

MINNEAPOLIS, May 22, 2024 /PRNewswire/ -- First quarter operating income margin rate of 5.3 percent reflects a 140 basis point improvement in gross margin rate as compared to the prior year. First quarter comparable sales declined 3.7 percent, in line with expectations. Digital comparable...