Target Corporation reported that its net retail sales for the five weeks ended July 5, 2008 increased 6.6 percent to $5,842 million from $5,479 million for the five weeks ended July 7, 2007. On this same basis, June comparable store sales increased 0.4 percent.
“Our comparable store sales performance in June was slightly above our planned range,” said Gregg Steinhafel, president and CEO of Target Corporation.
Period | Sales (millions) |
| Total Sales % Change | Comp Stores % Change 2007 2008 | |||||
| June | $ | 5,842 | 6.6 | 0.4 | 3.3 | ||||
| Quarter-to-date | $ | 10,406 | 6.1 | (0.1) | 4.4 | ||||
| Year-to-date | $ | 24,707 | 5.5 | (0.5) | 4.3 | ||||
