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Earnings News: Target Corporation (TGT), American Eagle Outfitters (AEO), Lowe's (LOW)

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Target Corporation (NYSE:TGT) reported second quarter earnings that beat estimates by 2 cents as the  retailer said it earned ...
98 cents a share, excluding items, on revenue of $17.12 billion. Although U.S. same-store sales rose 1.2 percent, the figures still fell below Wall Street estimates. For the year, Target CEO Gregg Steinhafel was cautious about the retailer’s U.S. outlook because of ongoing concerns about consumer spending. On Wednesday, shares of Target Corporation fell 2.62 percent to
Posted: 08/21/2013 | Views: 5,283 | Duration: 01:18
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