in the key month of December are aimed at the bull's eye.
The No. 2 U.S. discounter said late Monday that its same-store sales, those at stores open at least a year, were set to come in "on plan," adding between 3% and 5% compared to last year's results.
With that, the retailer continues to outperform its chief rival,
, on a comparable-sales basis. Wal-Mart has shown weakness in this measure for several months now, with same-store sales gains well below its historical average.
In November, Target posted a 3.2% gain in comps, compared to Wal-Mart's disappointing 0.7% increase. For December, Wal-Mart expects to log a 1% to 3% jump.
Target will reveal its official sales results for the month on Jan. 6. Its stock was a big winner in the retail sector Monday, closing up 81 cents, or 1.6%, to $51.31.