Is This Target's Secret Weapon to Beat Walmart?
Target (NYSE: TGT) played a strong e-commerce hand in the second quarter, showing an exceptionally robust 34% gain in digital sales from the year-ago period, which allowed both gross and operating margins to widen.
There are indications the retailer's third quarter is going to be similarly muscular, and while it may be its e-commerce business that leads the way once more, investors might just want to keep an eye on its physical store performance, as that could be where the seeds of it beating Walmart (NYSE: WMT) are sown.
The back-to-school season could be the kickoff to torrid growth for Target in Q3. Image source: Target.
Source Fool.com
