Target Comps for August Rise 6.3% on 12.2% Sales Gain

Target Corporation reported that its net retail sales for the four weeks ended August 27, 2005 increased 12.2% to $3.862 billion from $3.442 billion for same the four-week period of 2004. On this same basis, comparable-store sales increased 6.3% from fiscal August 2004. The sales plan for the month was a comparable-store increase in the range of 4% to 6%.

“Our same-store sales growth in the month of August was slightly above our planned range for the month,” said Bob Ulrich, chairman and chief executive officer of Target Corporation.

                             Sales     Total Sales  Comparable Stores % Change
     Continuing Operations  (millions)  % Change     This Year     Last Year

     August                  $3,862        12.2          6.3          1.8

     Year-to-Date           $26,701        13.0          6.5          5.0