Here are Target's fourth-quarter earnings, compared with what analysts surveyed by Bloomberg were expecting:$1.53 versus $1.53 expected.
Its comparable sales grew at a rate of 5% last year, and by 5.3% in the fourth-quarter. Total revenue for the fourth-quarter totaled nearly $23 billion, down slightly from the same period a year earlier. Digital sales continue to be a fast-growing area for the retailer. Last year marked the fifth-straight year that Target reported comparable digital-sales growth of more than 25%.At the end of the year, Target said, it had approximately $1.6 billion remaining under its current $5 billion share repurchase program.
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