Good news for Target: Online sales are booming. Target's (TGT) online sales surged 28% from a year ago. The problem for Target is that it costs money to generate those digital sales. So the fact that Target's sales missed analysts' estimates is an issue. Despite all its big investments, Target said that digital sales accounted for just a little more than 5% of overall revenue.

Source: CNN May 23, 2018 12:57 UTC