Target Corporation reported that its net retail sales for the four weeks ended Oct. 29 were $4.84 billion, an increase of 4.3 percent from $4.64 billion for the four weeks ended Oct. 30, 2010. On this same basis, comparable-store sales increased 3.3 percent in October and 4.3 percent in the third quarter.


 

“We're pleased with Target’s third-quarter comparable-store sales performance,” said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation. “We’re confident that our merchandising and marketing plans position Target to drive strong results throughout the holiday season and beyond.”





































































Sales Total Sales
Comparable Stores % Change

(millions)

% Change

This Year

Last Year
October 4,839 4.3 3.3 1.7
Quarter-to-date 16,054 5.4 4.3 1.6
Year-to-date 47,529 4.4 3.4 2.0