Target added 2.92% yesterday to settle at $69.14 per share, buoyed by the release of strong sales figures during the 2017 holiday season. In November and December, the group saw same-store sales growth come in at 3.4%, much higher than an expected increase of between 0% and 2%. This strong performance was mainly attributable to upbeat sales in its home, apparel, food and beverage and essentials categories. Looking forward, Target also increased its fourth quarter and full-year earnings outlook. The group confirmed the recent tax overhaul should create additional cash flow in 2018 and this would be used for capital investments, dividends and share repurchases.