Cool Weather Chills Target Results

Springer, Jon
May 2013
Supermarket News Expert Blog;5/22/2013, p2
Blog Entry
The article reports on the sales performance and earnings of American retailer Target Corp. for the fiscal first quarter of 2013 ended May 4. The company posted a 28.5% year-on-year decline in net earnings for the quarter to 498 million dollars. Store sales increased by 0.5% to 16.7 billion dollars. The retailer attributed the soft sales and earnings to poor weather and tax-burdened shoppers.


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