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Thursday, January 03, 2013

Target spoke today -


Target Corporation (NYSE:TGT) today reported that its net retail sales for the five weeks ended December 29, 2012 were $10,214 million, an increase of 0.8 percent from $10,138 million for the five weeks ended December 31, 2011. On this same basis, December comparable-store sales were essentially flat.
“December sales were slightly below our expectations, as strong results late in the month did not completely offset softness in the first three weeks," said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation.
Financial News Release | Target Corporation

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