Target’s Q2 Report Card Shows Turnaround May Be Working

Target’s turnaround effort could be working, if its Q2 report card is any indication. Net sales were up 5.3% YoY, and comp sales improved by 3.8%, beating estimates of 2.4%. “We’re encouraged by the progress made so far, and we’re also clear-eyed about the important work still ahead,” CEO Michael Fiddelke said (more).