Target Sales Just Shocked Wall Street – Here’s How CEO Brian Cornell Did It
4 yearsago 0 Comments 1.5k Views
In spite of the COVID-19 pandemic surges, which shaking how Americans work, shop, and live, Target’s sales continue to soar. How did Target do it? Let’s see Target’s recipe to excel in pandemic America in this article. On November 18, Target announced its third-quarter financials that blew away Wall Street estimates. A few key stats shows that comparable sales rose 20%. Total revenue climbed $22.6 billion – an increase of more than 21% over the same time last year. Digital sales jumped 155%. New digital-driven services like in-store and curbside pickup and personal shopping via Shipt grew 200%. Target’s roughly 1,900