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Target reports profit that beats estimates

Published Thu, May 21, 2015 · 09:50 PM

New York

DRIVEN by stronger sales of its signature items, including children's clothing, Target reported a profit in the first quarter of the year that beat expectations.

The company on Wednesday reported earnings per share of US$1.10, compared with 92 US cents in the year-ago quarter. Revenue rose to US$17.1 billion, compared with US$16.7 billion in the US i…

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Companies & Markets

Target reports profit that beats estimates

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

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