By Michele Maatouk
Date: Wednesday 21 Aug 2024
(Sharecast News) - Target shares surged on Wednesday after the US retailer posted better-than-expected second-quarter earnings and lifted its annual profit outlook.
The retailer said total revenue rose 2.7% on the same period a year earlier to $25.5bn, while net income was up 40% to $1.19bn.
Chair and chief executive...
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