Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season

Key TakeawaysTarget said Thursday that its holiday sales exceeded expectations, leading the retailer to lift its fourth-quarter comparable sales growth projections.The retailer said it had record sales during its Black Friday and Cyber Monday promotional events, with in-store and digital traffic up year-over-year.Target also announced several executive changes Thursday as a pair of its longtime executives announced plans to retire. Target (TGT) on Thursday lifted its projection for comparable store sales gr ...