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Target announces retail sales results for May
08 Jun '07
1 min read
Target Corporation reported that its net retail sales for the four weeks ended June 2, 2007 increased 10.1 percent to $4,325 million from $3,929 million for the four-week period ended May 27, 2006. On this same basis, comparable-store sales increased 5.8 percent.
"Our comparable store sales in May were in line with our expectations," said Bob Ulrich, chairman and chief executive officer of Target Corporation.
As a reminder, our current sales disclosure practice includes a sales recording on the day of our monthly sales release and one mid-month sales update.
Consistent with this practice, a new message was recorded earlier. Our next sales recording is expected to be issued after the market closes on Monday, June 25, 2007.
"Our comparable store sales in May were in line with our expectations," said Bob Ulrich, chairman and chief executive officer of Target Corporation.
As a reminder, our current sales disclosure practice includes a sales recording on the day of our monthly sales release and one mid-month sales update.
Consistent with this practice, a new message was recorded earlier. Our next sales recording is expected to be issued after the market closes on Monday, June 25, 2007.
Target Corporation
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