Target says its holiday sales were better than expected — but its profits weren't
1. Target raised fourth-quarter sales forecast, expecting 1.5% growth in comparable sales. 2. Sales increased due to deep discounts, but profit outlook remains unchanged. 3. December saw record sales, especially in apparel and toys categories. 4. Target plans leadership changes, indicating potential strategic shifts. 5. Digital sales grew nearly 9%, reflecting strong online shopping trends.