Nov. 15, 2023 10:56 am ET
Target didn’t quite hit the bull’s-eye, but it’s no longer missing it by a mile.
The retailer said on Wednesday that comparable sales fell 4.9% in its quarter ended Oct. 28 compared with a year earlier—better than the 5.2% decline that Wall Street analysts polled by Visible Alpha were expecting. The stock surged 18% in early trading.
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