-
Target ekes out disappointing 0.9% comp in December
MINNEAPOLIS — Despite an easy prior-year comparison, Target fell short of its December same-store sales guidance with a disappointing 0.9% gain.
The company forecasted December comps in the low to mid-single-digit range after it released November results, which saw comps advance 5.5%. Analysts were expecting the company to report a 4% December gain.
-
Costco's sales rise in December
ISSAQUAH, Wash. — Net sales for December at Costco rose 11% to nearly $9.2 billion for the five weeks ended Jan. 2, compared with the year-ago period.
Same-store sales rose 4%, while international same-store sales rose 12%.
Costco currently operates 582 warehouses, including 425 in the United States and Puerto Rico.