It's Wednesday, May 20th. Welcome to Market Foolery. I'm Chris Hill and joining me is Mr. Ron Gross. Good to see you my friend.

Good to see you, Mr. Chris Hill. This is going to be a retail show. This is all

retail today. We've got Lowe's, we've got the latest results from Urban

Outfitters, which I have some questions about, but we're going to start with Target.

And, you know, Target's story is similar to what we saw with Walmart.

Same store sales up nearly 11% for Target.

Profits and revenue look good,

but it all came at a cost because Target is spending a lot more money.

Yes, as we saw with Walmart, but you know what?

It's nice when most of your competition has been closed and unfortunately the circumstances are quite quite sad but

there wasn't many places to go if it wasn't Walmart Target Costco a few other

folks and and the results show that, especially online, with online

sales up 141% for Target, versus 74% for Walmart, but a different base they're working off of.

Interestingly and importantly, same-day services for Target up 278%.

So whether you want same-day delivery or pickup pickup curbside pickup in the stores

they've kind of really got that lockdown they've figured out over the last couple

of years by spending a fair amount of money how to do that right and this was the perfect time to be able to do that for consumers.

Store Comps in and of itself perfectly fine up 0.9%, but then when you add in digital that's where you get that 10.8%

comp increase that you're talking about and that's versus a 10% comp increase for

Walmart so even a little a little bit better for Target.

Average basket was up 12.5%,

which led to an overall increase in revenue

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