Target Corp. reported a record-setting second-quarter early Wednesday, with profits and comparable sales bolstered by market share gains and customer service options across digital platforms that drove shoppers to stores.
Target’s TGT, +12.65% net income totaled $1.69 billion, or a record $3.35 per share, up from $938 million, or $1.82 last year. Adjusted EPS totaled $3.38 per share, also a record. The FactSet consensus was for EPS of $1.63.