Target Corporation today reported that its net retail sales for the four weeks ended May 1, 2004 increased 11.8% to $3.54 billion from $3.17 billion for the four-week period ended May 3, 2003. Comparable-store sales increased 4.9% from fiscal April 2003.
“Sales for Target Corporation were on plan for the month of April, reflecting on-plan sales at Target Stores,” said Bob Ulrich, chairman and chief executive officer of Target Corporation.
Sales Total Sales Comparable Stores % Change
(millions) % Change This Year Last Year
April
Target $3,108 13.9 6.2 5.6
Mervyn's 230 (6.1) (6.6) (4.6)
Marshall Field's 165 0.5 0.6 (6.3)
Other 39 27.0 na na
Total 3,542 11.8 4.9 3.9
Year-to-date
Target $9,779 14.3 7.3 1.1
Mervyn's 756 (0.8) (1.4) (7.3)
Marshall Field's 584 4.7 6.1 (4.9)
Other 130 18.7 na na
Total 11,249 12.7 6.6 (0.1)
