10:33 ET -- Target Corp. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The retailing giant said fourth-quarter sales edged up 1.2% to $30.98 billion, beating analysts' forecasts. While Target's profit was hurt by slower sales growth and rising operating costs as continued inflation kept shoppers wary, earnings fell less than analysts had expected. Meanwhile, comparable sales rose 0.7% in its most-recent quarter, compared with the same period a year earlier. Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)

(END) Dow Jones Newswires

February 28, 2023 10:48 ET (15:48 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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