Target Corporation reported that its net retail sales from continuing operations (principally Target Stores) for the five weeks ended October 2, 2004 increased 12.5% to $3.866 billion from $3.437 billion for the five-week period ended October 4, 2003. On this same basis, comparable-store sales increased 5.6% from fiscal September 2003.
“Sales at Target Stores were above plan for the month of September,” said Bob Ulrich, chairman and chief executive officer of Target Corporation.