Target Earnings Spike on Digital Selling Wins
Investors were optimistic heading into Target's (NYSE: TGT) third-quarter earnings report after its last few announcements showed building sales momentum in a competitive industry. The retailer's aggressive push into multichannel selling, meanwhile, has created attractive sales and profit opportunities as consumers place a premium on fast fulfillment options like same-day delivery.
That quick delivery posture paid off again for Target in the third quarter and set the company up for a strong holiday season ahead.
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Source Fool.com