(Reuters) - Target Corp
Net income attributable to the Minneapolis-based retailer fell to $680 million, or $1.16 per share in the second quarter ended July 30, from $753 million, or $1.18 per share, a year earlier.
Total sales fell 7.2 percent to $16.17 billion from $17.43 billion, while sales at stores open for at least a year fell 1.1 percent. Analysts on average had expected same-store sales to decline 1 percent, according to research firm Consensus Metrix.
(Reporting by Siddharth Cavale in Bengaluru and Nandita Bose in Chicago; Editing by Ted Kerr)
Join the conversation about this story »
