Minnesota finance officials say state tax collections beat expectations for the final three months of the fiscal year. According to the quarterly update released Thursday, state revenues for April, May and June were $235 million more than forecast.
Target says a key revenue figure fell 1 percent in November, hurt by weak sales in the first two weeks of the month.
UnitedHealth Group Inc.’s first-quarter net income rose 3 percent as enrollment and revenue gains countered an increase in operating costs, and the health insurer raised its 2012 earnings forecast.
Target Corp. said Thursday that sales of groceries, beauty products and clothing helped fuel a 5.3 percent September rise in revenue at stores open at least a year.
Best Buy Co. said Tuesday its fiscal second-quarter net income fell 30 percent as consumers hit the pause button on buying electronics, particularly TVs and smart phones, while fears about the global economy persist.
Target Corp.’s revenue at stores open at least a year climbed 4.1 percent in August, driven by back-to-school shopping. The results announced Thursday topped Wall Street’s forecast.
Target says a key sales figure rose 4.1 percent in July as shoppers picked up more groceries and health and beauty products.
Target Corp. said Thursday that its May revenue at stores open at least a year climbed 2.8 percent, but shoppers remained cautious and the figure fell short of Wall Street’s forecast.
Target Corp. said Thursday a key revenue figure fell 5.5 percent in March because of a later Easter, but the drop was smaller than analysts expected.
Target said Thursday that a key revenue figure rose 1.8 percent for February, helped by sales of fresh food and by shoppers with its branded cards taking advantage of a 5 percent discount, but the results missed analyst expectations.
Target Corp.’s weak January sales in the South and Northeast, which were buffeted by winter storms, kept a key revenue figure from meeting analyst forecasts for the discount chain.
Discount retailer Target Corp. said Thursday that revenue at stores open at least a year edged up 0.9 percent in December, but it fell well short of analyst expectations, and Target’s shares tumbled nearly 6 percent in morning trading.
3M Co., which makes everything from Post-Its and Scotch Tape to respirators and computer monitor arms, said Tuesday it expects adjusted earnings to grow 10 to 14 percent next year over its predicted profit for 2010.
Discount retailer Target Corp. said Thursday more shoppers came to its stores in November and spent more than a year earlier, helping a key revenue figure rise 5.5 percent during the month, more than expected.
Caribou Coffee Co. said Friday its third-quarter profit more than doubled as a key revenue metric improved.