Target’s earnings lag in the holiday quarter

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Target’s fourth quarter net sales dropped 1.5% year over year to $30.5 billion, per a Tuesday press release. Comparable store sales declined 3.9% while comparable digital sales grew 1.9% for the quarter. The retailer reported a decline in apparel and accessories net sales, hardlines, home merchandise and household essentials. However, Target saw increa ...

Target’s earnings lag in the holiday quarter - Reportify