00:00Target says its turnaround is gaining momentum with second-quarter comparable sales rising 3.8 percent and digital sales jumping
00:08nearly 9 percent.
00:09The retailer also raised its full-year outlook for the second time this year as CEO Michael Fadulke's strategy of
00:16cutting prices and refreshing merchandise begins to show results.
00:20A roughly $1 billion boost from tariff refunds provided a major lift to quarterly profits, giving Target additional room to
00:27invest in its comeback.
00:28The company is now forecasting roughly 5 percent annual sales growth as it pushes deeper into the holiday season.
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