Target Corp reports continuing operation earning in Q3
11 Nov '05
1 min read
Minneapolis based largest retailer Target Corporation reported earnings from continuing operations for the third quarter ended October 29, 2005 of $435 million, or 49 cents per share, compared with $324 million, or 36 cents per share, in the third quarter ended October 30, 2004.
Including 23 cents per share from the combination of earnings from discontinued operations and gain on disposal of discontinued operations, third quarter 2004 earnings per share totaled 59 cents per share. All earnings per share figures refer to diluted earnings per share.
Target Corporation's continuing operations include large, general merchandise discount stores, as well as an on-line business called Target.com. At quarter-end, the company operated 1,400 Target stores in 47 states.
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