Target Corp. (TGT) reported that its comparable-store sales for the month of January increased 0.5%, compared to a decrease of 3.3% in the prior year period. Net retail sales were $4.289 billion, an increase of 3.6% from $4.138 billion in the year ago period.
For the fourth quarter, comparable-store sales increased 0.6%, compared to a decrease of 5.9% last year. Sales for the quarter rose 3.7% to $19.72 billion.
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