TARGET HITS HOME RUN DURING FIRST QUARTER

Target exceeded first quarter expectations on just about every level, saying the same-day services it has rolled out, including picking up online orders at the store, drove more than 25% of comparable sales growth. That measure, which includes sales at stores open at least a year and online sales, rose 4.8% on top of traffic growth of 4.3%. Online sales soared 42%. Target Corp. reported profits of $795 million, or $1.53 per share, beating Wall Street expectations by a dime, according to a survey by Zacks Investment Research.