<p><strong>Minneapolis, MN</strong> - Target Corporation is revealing its fourth quarter and fiscal 2011 earnings. The company is reporting that fourth quarter net earnings amounted to $981 million, indicating $1.45 per share, and full year net earnings of $2,929 million, which denote $4.28 per share, according to a recent press release. Adjusted earnings per share were $1.49 in the fourth quarter, an increase of 8.3 percent over the similar period in the year prior. For the full year, numbers revealed $4.41 for the period, representing 14.3 percent increase over last year.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"> Gregg Steinhafel, Chairman, President, and Chief Executive Officer of Target Corporation, states, “Target generated strong financial performance in 2011, overcoming sluggish economic growth, restrained consumer spending and an intensely promotional holiday season.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"> Mr. Steinhafel, continues, “As we look ahead to 2012, we’ll continue to focus on bringing our 'Expect More. Pay Less.' brand promise to life for our guests, providing unique, well-designed merchandise while driving value and loyalty with initiatives like 5% Rewards and REDcard Free Shipping. In addition, we’ll continue to invest in our store, online and mobile channels, open our first CityTarget locations in July and prepare for the opening of our first Canadian Target stores in early 2013.”</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>www.target.com</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">
