MINNEAPOLIS (AP) -- Target is reporting a slight increase in same-store sales for June.
The Minneapolis-based retailer says same-store sales rose 0.4 percent. The company says that was slightly better than its expectation. It also was better than the consensus analyst expectation of a 0.5 percent drop.
Target Corporation says it made fewer sales during the period but that was offset by larger individual sales. The company says sales of consumable and commodity goods ran well ahead of discretionary products.
Target says it expects same-store sales in July will range from down 1 percent to up 1 percent.
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