Target Swings to Sales Growth on Improved Traffic, Spending.

Target Corp. has reported a turnaround in sales growth in the second quarter, with comparable sales rising 2% and earnings per share beating expectations. This marks a positive shift for the retailer after a period of sales declines caused by consumer pullback due to higher inflation and interest rates. Target's focus on lower-priced necessities, price cuts on essentials, and efforts to draw in consumers with trendy and affordable products have contributed to the improved performance. However, the company remains cautious about the broader economy and maintains a conservative outlook for the year. [Extracted from the article]