Dividend Aristocrat and Dividend King Target Corporation (TGT) reported $3.38 EPS for the second quarter, way above the consensus estimate of $1.62. The retailer’s revenue (Revenue: $23 billion, vs. $20.09 billion expected) also beat forecasts, with comparable-store sales up 24.3%. Target’s digital sales nearly tripled compared to a year earlier.
Target’s dividend yield is around 2%. Before hours, the stock price is hovering around $148.31 +11.43 (8.35%)
