Company Earnings Update 2 minutesRegister for Free AccessTarget (TGT) 4Q15 Results: Strong Digital Channel Sales Contributed to Comp Growth Coresight Research February 24, 2016 Executive Summary Target reported 4Q15 revenues of $21.6 billion, down 0.6% from $21.8 billion in the year-ago quarter and in line with consensus estimates. Positive comps were offset by the impact of the sale of the pharmacy business to CVS Health. Sales growth of 34% in the digital channel contributed 1.2% of the 1.9% total comp increase for the quarter. Adjusted EPS was $1.52, a 2.1% increase year over year and in line with guidance, but below the consensus estimate of $1.54. The company guided for a 1.5%–2.5% increase in comp sales in 2016, to be offset by a 4.5%–5.0% sales decline from divestitures. It guided for EPS of $5.20–$5.40 for the full year and for EPS of $1.15–$1.25 for 1Q16. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: America’s Biggest Furniture and Home-Furnishings Retailers: Assessing Performance and StrategyRetail 2025: UK Retail PredictionsJanuary 2025 US Retail Sales Outlook: Projecting Mid-Single-Digit Growth for the Start of 2025Innovator Profile: dotkonnekt Revolutionizes Digital Commerce with Its AI-Powered Sangria Platform