Target Corporation reported that its net retail sales for the four weeks ended July 31, 2010 were $4,585 million, an increase of 3.8% from $4,418 million for the four weeks ended August 1, 2009. On this same basis, July comparable-store sales increased 2.0%.
“July sales were in line with expectations,” said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation. “Store traffic and apparel sales were strong, and we continued to experience soft sales in electronics, video games, music and movies. Retail segment expenses remain well-controlled, and profitability in our credit-card segment continues to be strong. Our team continues to focus on disciplined execution of our strategy in an uncertain environment
| Sales | Total Sales | Comparable Stores % Change | |||||||||||||
(millions) | % Change | This Year | Last Year | ||||||||||||
| July | $ | 4,585 | 3.8 | 2.0 | (6.5 | ) | |||||||||
| Quarter-to-date | $ | 15,126 | 3.8 | 1.7 | (6.2 | ) | |||||||||
| Year-to-date | $ | 30,284 | 4.7 | 2.2 | (5.0 | ) | |||||||||
| Sales | Total Sales | Comparable Stores % Change | |||||||||||||
(millions) | % Change | This Year | Last Year | ||||||||||||
| July | $ | 4,585 | 3.8 | 2.0 | (6.5 | ) | |||||||||
| Quarter-to-date | $ | 15,126 | 3.8 | 1.7 | (6.2 | ) | |||||||||
| Year-to-date | $ | 30,284 | 4.7 | 2.2 | (5.0 | ) | |||||||||
Sales | Total Sales | Comparable Stores % Change | |||||||||||||
(millions) | % Change | This Year | Last Year | ||||||||||||
| July | $ | 4,585 | 3.8 | 2.0 | (6.5 | ) | |||||||||
| Quarter-to-date | $ | 15,126 | 3.8 | 1.7 | (6.2 | ) | |||||||||
| Year-to-date | $ | 30,284 | 4.7 | 2.2 | (5.0 | ) | |||||||||
| Sales | Total Sales | Comparable Stores % Change | |||||||||||||
(millions) | % Change | This Year | Last Year | ||||||||||||
| July | $ | 4,585 | 3.8 | 2.0 | (6.5 | ) | |||||||||
| Quarter-to-date | $ | 15,126 | 3.8 | 1.7 | (6.2 | ) | |||||||||
| Year-to-date | $ | 30,284 | 4.7 | 2.2 | (5.0 | ) | |||||||||
| Sales | Total Sales | Comparable Stores % Change | |||||||||||||
(millions) | % Change | This Year | Last Year | ||||||||||||
| July | $ | 4,585 | 3.8 | 2.0 | (6.5 | ) | |||||||||
| Quarter-to-date | $ | 15,126 | 3.8 | 1.7 | (6.2 | ) | |||||||||
| Year-to-date | $ | 30,284 | 4.7 | 2.2 | (5.0 | ) | |||||||||
| Sales | Total Sales | Comparable Stores % Change | |||||||||||||
(millions) | % Change | This Year | Last Year | ||||||||||||
| July | $ | 4,585 | 3.8 | 2.0 | (6.5 | ) | |||||||||
| Quarter-to-date | $ | 15,126 | 3.8 | 1.7 | (6.2 | ) | |||||||||
| Year-to-date | $ | 30,284 | 4.7 | 2.2 | (5.0 | ) | |||||||||
| Sales | Total Sales | Comparable Stores % Change | |||||||||||
(millions) | % Change | This Year | |||||||||||
