WCCO EYE4 LOGO WCCO Radio

Latest News

Target Key Revenue Figure Up In September

View Comments
(credit: Justin Sullivan/Getty Images)

(credit: Justin Sullivan/Getty Images)

Today's Most Popular Video
Minn. Teen Loses 165 Pounds, Becomes Inspiration For Others Online Video Captures Woman Stealing Planter From Stillwater Brewery MIMMI Art Tracks Our Mood On Social Media Wood Ducks Take 1st Leap In Elbow Lake Is Minneapolis On Fast Track For Streetcars?

NEW YORK (AP) – Target says a key revenue figure rose 2.1 percent in September as shoppers picked up back-to-school items and groceries.

Analysts expected a 2.2 increase for revenue in stores open at least one year.

Total sales for the five weeks ended Sept. 29 rose 2.6 percent to $6.08 billion. The strongest categories were food and health and beauty.

Revenue in stores open at least one year is a key metric of a retailer’s financial health because it excludes results from stores that open or close during the year.

Minneapolis-based Target expects October revenue in stores open at least one year to rise in the mid- to low-single digit percentage range.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Listen Live!

Mobile Weather Watcher

Follow CBS Minnesota

Like us on foursquare
wccoradio podcastbanner3 WCCO Radio

Meet WCCO-TV’s Anchors

Amelia Santaniello Frank Vascellaro Chris Shaffer Mark Rosen

TV Schedule

Full Program Grid
7:00 PM The American Baking Competition
8:00 PM Criminal Minds
9:00 PM CSI: Crime Scene Investigation
10:00 PM WCCO 4 News at Ten
10:35 PM Late Show with David Letterman
11:37 PM The Late Late Show with Craig Ferguson