Target Corporation's August Sales Results


Thu. August 30th, 2012 - by Jordan Okumura-Wright

<p><strong>Minneapolis, MN</strong><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Target Corporation has reported its August Sales Results. The company has revealed that its net retail sales for the period which was the four weeks that ended August 25, 2012 were $5,543 million. This number shows an increase of 4.7 percent from $5,292 million for the four the similar comparable period last year. August comparable-store sales increased 4.2 percent, according to a press release. Target reported the year-to-date sales were $38,532 million, reflecting a 4.8 percent increase over the similar period last year.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Gregg Steinhafel, Chairman, President and Chief Executive Officer of Target Corporation, stated, "We're pleased with Target's August comparable-store sales increase, which was near the high end of our expected range." Mr. Steinhafel, continued, chairman, president and chief executive officer of Target Corporation. "Sales were stronger in the second half of the month, as guests responded to Target's broad assortment and compelling value for their back-to-school and back-to-college shopping."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://sites.target.com/site/en/company/page.jsp?contentId=WCMP04-032391" target="_new"> Target </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">