US stocks move | Target (TGT.US) rises more than 4% as Q1 earnings beat expectations and full-year guidance is raised

The financial report shows that Target's Q1 same-store sales increased by 5.6%, marking the largest growth since the end of 2021 and significantly surpassing the market expectation of 2.5%. Adjusted earnings per share reached $1.71, and net sales rose by 6.7% year-on-year to $25.4 billion, both exceeding analysts' forecasts of $1.47 and $24.7 billion.