Target Decreases FY2013 Guidance, Shares Drop

By: Benzinga
Target (NYSE: TGT ) reported Q1 FY2013 earnings Wednesday for the quarter that ended May 4, 2013. The company reported GAAP earnings of $498 million, or $0.77 per share, and adjusted GAAP earnings of $1.05 per share, down 5.0 percent from $1.11 in year-earlier adjusted EPS. Revenue came in
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