Target Corporation's net retail sales from continuing operationsfor the month of November increased 9.1% to $4.583 billion from $4.203 billion during the same period of 2004. On this same basis, comparable-store sales increased 2.6% from fiscal November 2004.
“Target's comparable store sales for the month of November increased in line with our revised outlook of 2 to 3 percent. Our performance strengthened as the month progressed and sales growth for the Thanksgiving week was consistent with our original expectations,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. “Our outlook for this year's holiday season remains optimistic and we continue to expect that we will achieve profitable market share gains.”
Sales Total Sales Comparable Stores % Change
Continuing Operations (millions) % Change This Year Last Year
November $4,583 9.1 2.6 3.2
Year-to-Date $39,285 12.2 5.8 4.9
