Target Boosts Q1 Profits

MINNEAPOLIS — Target Corp. here said Wednesday that strong apparel sales and a better mix of higher-margin product helped boost profit margins in the first quarter.

As previously reported, Target posted a 5.3% gain in comparable-store sales in the three-month period, which ended April 28. On Wednesday the company said its net income for the quarter was up about 1.2%, to $697 million. EBITDA in the r

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