Target, a big store, had a bit of a mixed holiday season. They made less money than last year, but still did better than people expected! This shows that even big companies are feeling the pinch from people spending less.
- Target's profits were down, but still higher than predicted.
- Sales were also lower than last year, but better than expected.
- People are buying fewer non-essential things, like clothes and electronics.
- New taxes on goods from other countries are making things more expensive.
| Item | Number |
|---|---|
| Net income (profit) | $1.1 billion |
| Earnings per share | $2.41 |
| Sales | $30.91 billion |
| Comparable sales increase | 1.5% |
