Target Has a Christmas Surprise for Investors

Target Has a Christmas Surprise for Investors

On Wednesday, the retailer issued a sales update that covered the key holiday shopping season, which tends to shape its broader fiscal year. The announcement didn't include earnings or profitability metrics, but there was still plenty in the report to have investors feeling cheery heading into early 2021. Revenue growth was impressive, even through it slowed compared to Target's blockbuster third quarter.