Target Corporation net sales increased 5.5% in May to $4.564 million from $4,325 million for the four weeks ended June 2, 2007. On this same basis, May comparable store sales decreased 0.7%.
“Our comparable store sales performance in May was in line with our planned range,” said Gregg Steinhafel, president and chief executive officer of Target Corporation.
Sales | Total Sales | Comparable Stores % Change | ||||||||
(millions) | % Change | This Year | Last Year | |||||||
May | $ | 4,564 | 5.5 | (0.7 | ) | 5.8 | ||||
Year-to-date | $ | 18,866 | 5.1 | (0.7 | ) | 4.7 |