Target Corp. (TGT) said its May comparable-store sales climbed 4.4 percent, with the four-week net retail sales rising 5.0 percent to $5.04 billion from $4.8 billion reported last year.
"Target's May comparable-store sales were at the high end of our expected range," said Gregg Steinhafel, chairman, president and chief executive of Target.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.