Earnings

By Times Wires
Published February 28, 2008

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Target Corp.

The discount-store operator said fourth-quarter profit slipped on poor holiday sales and a quirk in the earnings calendar, but results were slightly better than Wall Street had expected amid a dismal period for retailers.

4th Qtr Yr ago

Revenue $19.87B $19.71B

Net income $1.03B $1.12B

Per share $1.23 $1.29

H.J. Heinz Co.

One of the world's largest food companies said its third-quarter profit edged slightly lower as a steeper tax rate and rising commodity costs offset sales growth fueled by increased marketing and higher prices.

3rd Qtr Yr ago

Revenue $2.61B $2.3B

Net income $218.5M $219M

Per share 68 cents 66 cents