Target Corporation reported that net retail sales for December increased 11.6% to $8.420 billion from $7.548 billion for the five-week period ended January 1, 2005. Comparable-store sales increased 4.7 percent from fiscal December 2004.
“Target's comparable store sales for the month of December increased in line with our plan of 4 to 5 percent,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. “We are pleased with our performance during this year's holiday season and remain comfortable with our outlook for the year overall.”
Sales Total Sales Comparable Stores % Change
Continuing Operations (millions) % Change This Year Last Year
December $8,420 11.6 4.7 5.1
Year-to-Date $47,705 12.1 5.6 5.0
