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 Fiscal 2011 Sales
Feb 27, 2012
 Printable format
 Email this Article
 Search

Retailer Target Corp. reported fourth quarter net earnings of $981 million and full year net earnings of $2,929 million.

Target's 4Q sales were up 3.3% to $20.9 billion from $20.3 billion in the fourth quarter of the previous year, with a 2.2% increase in comparable-store sales and the contribution from new stores.

Fiscal 2011 sales were up 4.1% to $68.5 billion from $65.8 billion in 2010, due to a 3.0% increase in comparable-store sales and the contribution from new stores.

"Target generated strong financial performance in 2011, overcoming sluggish economic growth, restrained consumer spending and an intensely promotional holiday season," said Gregg Steinhafel, chairman, president, and chief executive officer of Target Corporation. "For the full year, our U.S. businesses generated 14.3% growth in adjusted earnings per share, and we experienced our strongest growth in comparable-store sales since 2007."

Back to Daily News

 

Daily News

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

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

Aug 27, 2014: Electrolux Joins AllSeen Alliance to Develop Seamlessly Connected Appliances

Aug 22, 2014: Could Quirky Acquire GE Appliances?

Aug 22, 2014: Existing Home Sales Up in July

Aug 21, 2014: Miele Annual Sales Up 2.2%

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