Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: OTHER NEWS Date: Thu, 19 Nov 92 07:09:49 EST Message-ID: HEADLINE: OTHER NEWS Publication Date: Wednesday November 18, 1992 BYLINE: Dayton Hudson Corp. Earnings Surge 63%: The Minneapolis retailer said it earned $57 million, or 72 cents per share, in the quarter ended Oct. 31, compared to $35 million, or 40 cents per share, in the same period a year earlier. Revenue increased to $4.34 billion from $3.96 billion. Dayton Hudson achieved the earnings increase despite the weak economy in California, where the company has one-third of its stores. The company also announced a $1.1-billion capital spending plan for 1993. Under Dayton Hudson's $1.1-billion capital spending plan, its Target discount division will open 40 to 50 new stores in 14 states, and Mervyn's clothing stores will add 10 to 15 new stores in six states. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM