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Target Surges on Q2 Sales Growth as Strategic Price Cuts Drive Foot Traffic

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The Story

News Summary

  • Target reported strong Q2 results with net sales up 5.3% to $26.5 billion and comparable sales rising 3.8%.
  • Driven by price cuts on over 10,000 items and rising store foot traffic, the retailer plans further price reductions to maintain retail momentum.
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US500 price history

7656.98 +14.20% over the displayed period

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