Target’s better-than-expected sales results came at a high cost

Target’s better-than-expected sales results came at a high cost

“EPS, including the benefit of the extra week In FY17, fell 6% to $4.71 in the full year from $5.01 in 2016,” said Zolidis. “Guidance implies that EBIT margins will continue to face pressure in the first quarter by an estimated ~80 basis points but will begin to improve as the year unfolds.”

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