Target Corp. Q1 Profit Falls

(RTTNews) - Target Corp. (TGT) released earnings for first quarter that Drops, from last year

The company's bottom line came in at $781 million, or $1.71 per share. This compares with $1.03 billion, or $2.27 per share, last year.

Excluding items, Target Corp. reported adjusted earnings of $1.71 per share for the period.

The company's revenue for the period rose 6.7% to $25.44 billion from $23.84 billion last year.

Target Corp. earnings at a glance (GAAP) :

-Earnings: $781 Mln. vs. $1.03 Bln. last year. -EPS: $1.71 vs. $2.27 last year. -Revenue: $25.44 Bln vs. $23.84 Bln last year.

-Guidance: Full year EPS guidance: $ 7.50 To $ 8.50