Target profit drops 46% on costs linked to massive data breach (7)

The Globe and Mail 2014.02.26 15:07
Anne D'Innocenzio NEW YORK - The Associated Press Target Corp says the massive data breach over the holidays helped push its profit down 46 per cent. The discount retailer said Wednesday that sales fell 5.3 per cent as the breach scared off customers. Target says it earned $520-million, or 81 cents per share, for the three months that ended Feb.
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