Target rises after quarterly earnings beat

Supermarket chain Target's TGT.N shares rise 4.4% to $126.1 premarket

Co posts comparable sales growth of 1.5%, beating analysts' expectations on 1.3% growth, according to data compiled by LSEG

Expects annual adjusted EPS in the range of $8.80 to $9.80, the midpoint of which is inline with analyst expectations of $9.31

Posts net sales of $30.92 billion, above expectations of $30.84 billion

TGT earned $2.41 per share, on an adjusted basis, in the quarter, beating expectations of $2.27 per share

Beauty, apparel, toys and sporting goods were top performers during the quarter, while home decor and furnishing sales were negative, a spokesperson says

TGT has fallen 10.67% YTD as of last close