TITLE

Cool Weather Chills Target Results

AUTHOR(S)
Springer, Jon
PUB. DATE
May 2013
SOURCE
Supermarket News Expert Blog;5/22/2013, p2
SOURCE TYPE
Blog Entry
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
88055610

 

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