Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Target Reports 3Q Earnings
Nov 21, 2007
 Printable format
 Email this Article
 Search

Retailer Target Corp. said that third-quarter earnings fell 4%, and that its board has authorized a new US$10 billion share buyback program that at current prices would cover 20% of its outstanding shares. Target said the buyback would be funded partially by additional debt.

The company's third-quarter earnings fell to $483 million, or $0.56 per share, from $506 million, or $0.59 per share, in the prior year. Quarterly sales grew 9% to $14.84 billion, from $13.57 billion in the third quarter of 2006. Quarterly same-store sales increased 3.7%. For the first nine months of the year, Target earned $1.82 billion, or $2.11 per share, up 9% from $1.67 billion, or $1.92 per share, during the same period last year. Revenue rose 9.3% to $43.5 billion, from $39.78 billion a year ago.

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows