Target Q1 Beats Street Amid Surging Digital Sales, Store Traffic Growth

“Comparable digital sales surged 42%, contributing 2.1 percentage points to comparable sales growth. Same-day fulfillment services (order pick up, drive up and Shipt) drove well over half of the company’s digital sales growth. During the quarter, Target completed 53 of the approximate 300 store remodels it is scheduled to complete this year. It also opened seven small-format stores, including its first location in Santa Barbara, Calif.”

Target Q1 Beats Street Amid Surging Digital Sales, Store Traffic Growth
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