Target Corp

TGT: XNYS (USA)
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Target Earnings: Weak Traffic Amid Tepid Consumer Spending Pinches Results, but Shares Attractive

Target's third quarter included a 2.7% comp sales decline and adjusted EPS of $1.78, down 4%. Ongoing softness in discretionary categories and lower store-originated sales (down 3.8%) weighed, partly offset by growth in online sales (up 2.4%).

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