Target’s Canada entry, yule softness hurt fourth quarter
Posted: February 28, 2013 at 2:51 a.m.
FILE - In this Nov. 23, 2012 file photo, a Target employee hands bags to a customer at the register at a Target store in Colma, Calif. Target's fiscal fourth-quarter net income dipped 2 percent as it dealt with intense competition during the crucial holiday season. But its adjusted results beat analysts' estimates and it forecast first-quarter earnings above Wall Street's view. (AP Photo/Jeff Chiu, File)
Target Corp.’s investment in its Canadian debut this year and weaker-than-expected Christmas sales caused the company’s net income to fall 2 percent in the fourth quarter of last year.
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Business, Pages 25 on 02/28/2013
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