Q2 solid sales confirm that Target is well-positioned to ride the new retail trend of merging online and offline sales. Target Corporation's (TGT) strong performance in the second quarter reinforced the company's leadership in the retail space, according to its chairman and CEO, Brian Cornell. "In the second quarter, our business generated continued growth on top of record increases a year ago, reinforcing Target's leadership position in retail," he said. "We've spent years building and investing in the durable model we have today, which is supported by a differentiated strategy and the best team in retail." Target reported Q2 EPS of $3.65, up 8.9 percent from $3.
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Target (NYSE:TGT)
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