Target Profit Jumps Despite So-So Sales in Third Quarter

摘要

Driven in part by weather shifts, discretionary categories like apparel and some home showed improvement at Target during the discount department store chain's third quarter.rn"Home was less negative than it had been, but the big story in our Q3 [discretionary] mix was apparel," said Douglas Seovanner, evp, cfo.rnAdded Kathryn Tesija, evp, merchandising: "[In apparel], our strength is in core and must-haves, and that would apply to home as well. While we still have a healthy business on the fashion side, most of our improvement that came in the quarter came on the must-have side."