UPDATE: Target Posts Drop In Q4 Profit
February 26, 2014 at 08:03 AM EST
Target (NYSE: TGT ) reported a decline in its fiscal fourth quarter profit. Target's quarterly profit slipped to $520 million, or $0.81 per share, versus $961 million, or $1.47 per share, in the year-ago period. Its total revenue dropped 5.3% to $21.52 billion. Its adjusted profit came in at