Target says its holiday sales were better than expected — but its profits weren't

Black Friday sale signs are seen at a Target store in Chicago on November 26, 2024, ahead of the Black Friday shopping day.Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.The big-box retailer now expects comparable sales in the fiscal fourth quarter to grow by about 1.5%. That's better than its most recent outlook that the metric would be approximately flat. Comparable sales in ...