Target Corp. announced sales results for the five weeks, quarter to date and year to date ended December 29, 2012. The company reported that its net retail sales for the five weeks ended December 29, 2012 were $10,214 million, an increase of 0.8% from $10,138 million for the five weeks ended December 31, 2011. On this same basis, December comparable-store sales were essentially flat.

On quarter-to-date basis, sales were $16,397 million, increased 0.4%. Comparable-store sales decreased 0.4%.

On year-to-date basis, sales were $65,987 million, increased 3.3%. Comparable-store sales increased 2.9%.

The company revised fourth quarter 2012 earnings guidance. The earnings per share will meet or somewhat exceed the low end of its prior guidance. Adjusted EPS of $1.64 to $1.74 and GAAP EPS of $1.45 to $1.55. The 19-cent difference between these ranges reflected the expected EPS impact of expenses related to the company's Canadian market entry.