Target Profit Tops Estimates as Sales Climb 1.2%

Target has reported a strong performance in the third quarter, surpassing sales and earnings expectations. The company's comp store sales increased by 1.2%, with online orders rising by 30%. Under the leadership of Brian Cornell, Target is working to improve its US and Canadian operations. The company is also exploring new partnerships and product strategies to recover from past challenges, including a significant data breach. Efforts in Canada are showing positive results, contributing to the overall improvement.

What was the percentage increase in Target's online orders during the third quarter?

• 40%

• 30%

• 20%

• 10%

Who is the CEO of Target who has been working on turning around the business?

• Brian Cornell

• Stephanie Rule

• Betty Liu

• Julie Hyman

Which market is showing signs of improvement due to Target's efforts?

• European market

• Asian market

• Australian market

• Canadian market

What was one of the strategies Target used to revitalize its brand?

• Reducing product prices

• Increasing advertising budget

• Partnering with small boutiques

• Opening new stores

What event negatively impacted Target's brand image prior to the new strategies?

• A failed merger

• A data breach

• A lawsuit

• A major product recall