Tag Archives: REDcard Rewards

Target Q3 Net Drops 46.5 Percent

Target

MINNEAPOLIS-Increased costs and reduced margins slammed Target’s bottom line in its third quarter. Net income was down 46.5 percent, to $341 million, in the quarter which ended on Nov. 2. Selling, general and administrative expenses were up 4 percent in dollars, although as a percentage of sales they were essentially flat with last year’s thirdMore »

Last updated: November 21, 2013