Target Profits Up in Q1

MINNEAPOLIS — Target Corp. here on Wednesday said profits were up in the fiscal first quarter on strong performance in the credit-card division, although the soft economy and weakness in seasonal merchandise sales crimped retail sales growth.

MINNEAPOLIS — Target Corp. here on Wednesday said profits were up in the fiscal first quarter on strong performance in the credit-card division, although the soft economy and weakness in seasonal merchandise sales crimped retail sales growth.

Retail comparable-store sales rose 2%, as previously reported. The company said adverse weather might also have contributed to the sales weakness.

"Guests were cautious in their behavior as they faced continued economic head winds,

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