Target Corp. (NYSE:TGT) grew its top and bottom lines at a blistering pace in the first quarter, with total revenue increasing by nearly 23% year-over-year to $24.2 billion, digital revenue climbing by 50% and adjusted earnings per share of $3.69 handily beating analysts’ median estimates of $2.20 a share.
The Minneapolis-based retailer reported operating income of $2.4 billion, up 407% from 2020 levels. Shares were up strongly in morning trading Wednesday amid a sharply down day for U.S....
https://www.freightwaves.com/news/target-knocks-ball-out-of-park-in-first-quarter