May 22, 2020 Sophia Vida

Target Beats Q1 Expectations with Strong E-commerce Growth

This week big-box retailer Target beat first-quarter earnings and revenue expectations with help from its digital sales capabilities. The company reported that e-commerce grew by 141% during the period. For the first quarter, Target reported net income of $284 million, or 56 cents per share, down from $795 million, or $1.53 per share, last year. … Continue reading “Target Beats Q1 Expectations with Strong E-commerce Growth”