Target reported quarterly earnings and revenue that beat analysts' expectations on Wednesday.
Following the report, Target's shares rose in premarket trade. (Get the latest quote here.)
The company's third-quarter earnings excluding items slipped to 54 cents per share from 56 cents a share reported in the year-earlier period.
Revenue increased to $17.73 billion from $17.26 billion a year ago.
Analysts had expected the retailer to post earnings of 47 cents a share on revenue of $17.56 billion, according to a consensus estimate from Thomson Reuters.
Target has 1,801 stores in the United States and 133 in Canada and is expected to hire 70,000 workers for the holiday shopping season.