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Target Reports Fourth Quarter and Fiscal 2012 Earnings

February 27, 2013   Target Corporation (NYSE: TGT) today reported fourth quarter net earnings of $961 million, or $1.47 per share, and full-year net earnings of $2,999 million, or $4.52 per share. Adjusted earnings per share, a measure the Company believes is useful in providing period-to-period comparisons of the results of its U.S. operations, were $1.65 in fourth quarter 2012, up 10.1 percent from $1.49 in 2011. Full-year adjusted earnings per share were $4.76, up 7.9 percent from $4.41 in 2011.

TAGS: Financial/Strategic Announcements, Sales and Earnings

Target Reports January Sales Results

February 07, 2013   Target Corporation (NYSE:TGT) today reported that its net retail sales1 for the five weeks ended February 2, 2013 were $5,973 million, an increase of 29.6 percent from $4,608 million for the four weeks ended January 28, 2012. January comparable-store sales2, which compare the four weeks ending January 26, 2013 against the four weeks ending January 28, 2012, increased 3.1 percent.

TAGS: Financial/Strategic Announcements, Sales and Earnings

Target Corporation Declares Regular Quarterly Dividend

January 10, 2013   The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 36 cents per common share. The dividend is payable March 10, 2013 to shareholders of record at the close of business February 20, 2013. The 1st quarter dividend will be the company’s 182nd consecutive dividend paid since October 1967 when the company became publicly held.

TAGS: Financial/Strategic Announcements, Sales and Earnings