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Target's March Same Store Sales Rose 12%, But Decline Seen in April

Shoppers check out at a newly-opened Target store near Royersford, Pa., on Monday, Nov. 13, 2006. Discount retailer Target Corp. said Tuesday its third-quarter profit rose 16 percent, beating analyst expectations as its sales rose 11 percent. (AP Photo/George Widman)
George Widman
Shoppers check out at a newly-opened Target store near Royersford, Pa., on Monday, Nov. 13, 2006. Discount retailer Target Corp. said Tuesday its third-quarter profit rose 16 percent, beating analyst expectations as its sales rose 11 percent. (AP Photo/George Widman)

Discount retailer Target said that it expects sales at its stores open at least a year to decline 2% to 4% in April due to the earlier timing of Easter.

Easter fell on April 8 this year compared with April 16 last year, so sales of Easter-related items came largely during the company's March sales period, which ended on April 7.

Earlier, Target said that same-store sales rose 12% in March, in line with its expectations, driven by the earlier Easter holiday. Target also said it still expects same-store sales for March and April combined to be up 4% to 6% from a year earlier.

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