Want to join the conversation?
Discount retailer $TGT's 1Q16 sales fell 5.4% versus 1Q15 due to the Dec. 2015 sale of the pharmacy and clinic businesses. Comparable sales grew 1.2%, driven by traffic growth of 0.3% and a 0.9% growth in average transaction amount. Digital channel comp sales grew 23% in the quarter.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.