Target (NYSE: TGT) is soaring 12% higher in morning trading Wednesday, after the department store chain blew the doors off earnings with a record quarter.
While a number of retailers have reported better-than-expected results amid a catastrophe for the broader industry, Target saw its best comparable-store sales gain ever and the doubling of online revenue over the year-ago period. In addition, it was still able to post gains at its stores, something even Walmart couldn't do.
Image source: Target.
Source Fool.com