Target, which has more than 1,760 U.S. stores and is getting ready to open stores in Canada, earned $704 million, or $1.03 per share, in the second quarter, up from $679 million, or 92 cents per share, a year earlier.
The retailer forecast third-quarter earnings per share of 70 cents to 75 cents, and full-year earnings per share of $4.15 to $4.30.
Earlier this month, Target said second-quarter sales rose 5.1 percent to $15.9 billion, with sales at stores open at least a year up 3.9 percent.
(Reporting by Jessica Wohl. Editing by Robert MacMillan)