"We are very pleased with Target’s holiday season performance, which came on top of really strong results in the same period last year. This performance demonstrates the benefit of placing our stores at the center of every way we serve our guests, including both in-store shopping and digital fulfillment," Brian Cornell, chairman and chief executive officer of Target Corporation, said.
Target continues to expect fourth quarter 2018 comparable sales growth of approximately 5 per cent. For the full year, the company continues to forecast adjusted EPS of $5.30 to $5.50 and Gaap EPS of $5.41 to $5.61. The 11-cent difference between expected full-year Adjusted EPS and Gaap EPS is driven by discrete items already reported through third quarter 2018.
"Given our fourth quarter outlook, we are on track to deliver Target’s strongest full-year comparable sales growth since 2005, market-share gains across all of our core merchandising categories, and double digit growth in adjusted EPS. In 2019, we expect to build on this momentum as we gain further scale in our fulfillment capabilities and deliver profitable growth throughout the year," concluded Cornell. (RR)
Fibre2Fashion News Desk – India
| On 21st May 2022
China-South Korea bilateral trade has exceeded $360 billion,...
| On 21st May 2022
India's readymade garment (RMG) exports have registered a growth of...
| On 20th May 2022
After US treasury secretary Janet Yellen called for tariffs cuts on...
Hopeful that issue will be resolved by first half of 2022
Trainers faced immense challenges as most were not tech-savvy
Uniform designing is a numbers game
<div>Engaged in providing a wide range of services to the entire cotton...
As one of the world’s leading supply chain platforms and lifestyle brand...
Alissa Sandra Baier-Lentz & Billy McCall
New York-based Kintra Fibers has developed a proprietary bio-based and...
Garware Technical Fibres Ltd
Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...
Jaanuu, a vertically integrated e-commerce company, has reimagined the...
Mogul is a global player ranked among the top 40 nonwoven producers in the ...
Label - Avalone
<div>Tokyo-based fashion brand Avalone, founded by Susumu Miura in 2013...
Label Sunita Shanker
Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...
Label - Dahlia Razzook
London based designer, <b>Dahlia Razook</b> known for her luxury...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.