Targetâs First Quarter Profit Up 18 Percent
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The Target Corporation said today its quarterly profit rose almost 18 percent, helped by its credit card business and strong sales at established stores.
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Target Corp  warned on Monday  that its December same-store sales were below expectations and  said it now expects sales at stores open at least a year in the  range of down 1 percent to up 1 percent, adjusted for a  calendar shift.
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Building and auto systems maker Johnson Controls Inc. said Friday its fiscal first-quarter profit rose 45 percent on growth across all divisions.
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NEW YORK (CBS.MW) -- Target Corporation said earnings rose 78 percent in the third quarter, boosted by one-time gains from the sale of its Mervyn&#39;s store chain.
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The food maker General Mills reported on Wednesday that its first-quarter profit rose 8 percent as rising revenue offset higher ingredient costs and increased spending on marketing.
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Rockwell Collins Inc., the maker of aircraft electronics, said its income rose 18 percent in the latest quarter, helped by strong sales to the military.
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Target Corp.  on Thursday said  July sales rose 3.1 percent at its stores open at least a year,  around the low end of its forecast.
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Chipmaker Qualcomm Inc. on Wednesday posted an 18 percent increase in fiscal first-quarter profit on strong demand for cell phones that surf the Internet and download music and video.
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Business & money: Confidence reaches 18-month high, according to new figures.
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Target Corp.  on Thursday reported September sales rose 6.7 percent at stores open at least a year, above its forecast, and said it expects to post third-quarter earnings above the consensus analyst estimate of 53 cents.
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Walgreen Co. (WAG.N: Quote, Profile, Research) , the top US drugstore chain, on Monday said quarterly profit rose 18.1 percent due to rising prescription demand and strong sales from its
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The retailer raises guidance after an impressive first quarter.
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U.S. chain store sales rose in the  first week of August, helped by back-to-school tax holidays in  some states and summer clearance sales, a report showed on  Tuesday.
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Starbucks Corp.  said on Wednesday first quarter earnings rose 18 percent, meeting analysts' estimates, as it opened more than 8 stores a day and attracted customers with lunch offerings and gift cards.
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Target Corp.  said on Tuesday quarterly profit rose, helped by strong holiday season sales and returns from its credit card business.
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Spray maker announces its first-quarter earnings are up 28.4%.
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Walgreen Co. , the top U.S. drugstore chain, on Monday said quarterly profit rose 18.1 percent due to rising prescription demand and strong sales of profitable nonpharmacy merchandise.