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Target's holiday season comparable sales up 5.7 percent

Published 01/10/2019, 06:48 AM
Updated 01/10/2019, 06:50 AM
© Reuters. A Target shopping cart is seen in front of a store logo in Azusa
TGT
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(Reuters) - Retailer Target Corp (N:TGT) said on Thursday comparable sales grew 5.7 percent for the last two months of the year on the back of a strong holiday selling season that was driven by strong online sales and customer visits.

The company's comparable sales had grown 3.4 percent in the November-December period last year. Target reaffirmed its full-year forecast on Thursday as well.

Target said Chief Financial Officer Cathy Smith plans to retire and would continue in her role until a successor is named.

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