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  3. Target yesterday【C1】________ Wall Street expectations when it【C2】________ a

Target yesterday【C1】________ Wall Street expectations when it【C2】________ a

游客2024-08-29  11
问题     Target yesterday【C1】________ Wall Street expectations when it【C2】________  a 21.1 percent rise in quarterly earnings. Gains in Target’s credit card business, as well as both its Target Stores【C3】________ and Marshall Field’s stores,【C4】________ a small drop in pre-tax profit at the Mervyn’s department store chain.
    Target has【C5】________ a more【C6】________ and style-conscious image than other discount retailers. It is the third-largest general retailer in the US【C7】________  revenues.
    Target yesterday said it saw【C8】________ price pressure from rival Wal-Mart who had strong sales both domestically and internationally. For the fourth quarter, Target’s profit【C9】________ to $832m, or 91 cents a share, compared with $688m, or 75 cents a share, a year ago. Analysts had expected Target to earn 87 cents a share, according to Reuters Research.
    Revenues for the quarter rose 10.7 percent to $15.57bn from $14.06bn. While same-store sales - from stores open at least a year - rose 4.9 percent.
    Target said pre-tax profit soared 18.5 percent at Target Stores. At the department stores which have been ailing, pre-tax profit jumped 15.6 percent at Marshall Field’s but fell 0.3 percent at Mervyns’s.
    Credit cards operations added $168m to pre-tax profit in the recent quarter, up 11.7 percent from a year ago.
    For the full year, Target’s profits were $1.84bn, or $2.01 a share, up 11.4 percent from $1.68bn, cr $1.81 a share, the year before. Revenues rose 9.7 percent to $48.16bn from $43.91bn,【C10】________ by new stores, a 2.9 percent rise in same-store sales and growth in credit revenues.
    A. division      B. cultivated      C. rose        D. beat
    E. continued     F. anticipated     G. upmarket    H. claimed
    I. continuing    J. delivered       K. rose        L. offset
    M. driven        N. by              O. down-market [br] 【C4】
选项
答案 L
解析 上下文逻辑题。根据词性，此处应当填入动词。根据前文可知塔吉特公司的收益是增长的，由此可推测此句句意应当为“塔吉特的信用卡业务，塔吉特公司分店和马歇尔菲尔德商店的收益，抵消了默文百货连锁税前利润的小幅下降”。所以此处选择offset“抵消”。
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