Target's Q3 Operating Income Doubles From 2019
Target (NYSE: TGT) reported fiscal 2021 third-quarter results before the market opened on Nov. 17. The announcement revealed the company continues pushing profits higher as consumers are flocking to its stores.
Target has been one of the beneficiaries of the coronavirus pandemic. The company is experiencing surging sales at a rate much faster than its average over the last decade. The rapid top-line growth is flowing to the bottom line, and the company is on its way to achieving record profits for the year.
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Source Fool.com
