The Target logo can be seen outside a store on Feb. 28. Target’s first-quarter profit took a big hit from higher costs, despite strong sales growth. (AP Photo: Charles Krupa)
May 18, 2022
3:16 pm
Target took a big hit from higher costs during the first quarter despite brisk sales, and shares appeared headed for their most severe sell-off since the Black Monday market crash of 1987.
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