Monday, January 10, 2011

Target Loses Momentum

Zacks.com submits:

Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted lower-than-expected sales results for the five-week period ended January 1, 2011.

The company lost momentum as is evident from the comparable-store sales results for December 2010 that rose marginally by 0.9%, following an increase of 5.5% in November 2010 and reflecting a drop from an increase of 1.8% witnessed in December 2009.


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Nikki Cox Carla Gugino Ana Hickmann Mischa Barton Jamie Lynn Sigler

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