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 Corporation Reports First Quarter Earnings
May 16, 2003
 Printable format
 Email this Article
 Search
Target Corporation reported earnings per share for the first quarter ended May 3, 2003 of U.S. $0.38, compared with $0.38 in the first quarter ended May 4, 2002. All earnings per share figures refer to diluted earnings per share. First quarter net earnings increased 1.3 percent to $349 million, compared with $345 million in 2002.

"In light of our soft sales performance during the quarter, we are pleased with our first quarter results," said Bob Ulrich, chairman and chief executive officer of Target Corporation. "To continue to achieve profitable market share growth in this environment, we remain focused on maintaining operational and financial discipline and delivering even greater value to our guests."

Total revenues in the first quarter increased 7.6 percent to $10.322 billion from $9.594 billion in 2002, driven by a 9.8 percent revenue increase at Target Stores, principally resulting from new store expansion and the growth in our credit card operations. Comparable-store sales for the corporation in the first quarter 2003 declined 0.1 percent. (Reuters)

Back to Daily News

 

Daily News

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

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

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

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

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows