Wednesday, May 23, 2007

Target reports higher profit

(Reuters) - Analysts, on average, were expecting it to earn 71 cents per share, according to Reuters Estimates




In recent quarters, Target's sales gains at stores open at least a year have outpaced those at Wal-Mart, boosted by its trendy but inexpensive designer merchandise, like its Isaac Mizrahi home decor and clothing. It is also increasing its selection of food to bring shoppers to its stores more often.


Read more at Reuters.com Business News

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