10:21 a.m. ET -- Target Corp. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The Minneapolis-based retailer reported an 89% drop in second-quarter earnings per share, citing pressure from inventory-reduction efforts. Total sales and comparable sales grew 3.3% and 2.6%, respectively, the company said, as it held steady its full-year revenue-growth outlook. Dow Jones & Co. owns Factiva. (Write to Daniel Papp at daniel.papp@wsj.com)

(END) Dow Jones Newswires

August 17, 2022 10:36 ET (14:36 GMT)

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