Target's 4q Profit Declines 5.2 Percent

Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.

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    Target Corp. reported that fourth-quarter earnings fell 5.2 percent due to sluggish holiday sales. But the discounter, which said Thursday that its business has rebounded since then, offered a full-year profit outlook that was above Wall Street estimates.
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  • Target's 4Q profit declines 5.2 percent amid heavy discounting to bring in holiday shoppers
    NEW YORK — Target Corp. reported a 5.2 percent drop in earnings for the fourth quarter, as big discounts to get tight-fisted shoppers to buy during the holiday season eroded profits. The discounter, however, offered a full-year profit outlook that was ...
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  • Target's 4Q profit declines 5.2 percent
    NEW YORK -- Target Corp. reported a 5.2 percent drop in earnings for the fourth quarter, as big discounts to get tight-fisted shoppers to buy during the holiday season eroded profits. The discounter, however, offered a full-year profit outlook that was ...
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  • Target's 4Q profit declines 5.2 percent
    NEW YORK (AP) -- Target Corp. reported that fourth-quarter earnings fell 5.2 percent due to sluggish holiday sales. But the discounter, which said Thursday that its business has rebounded since then, offered a full-year profit outlook that was above Wall ...
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