<p>Target Corporation (NYSE:TGT) reported second quarter earnings that beat estimates by 2 cents as the retailer said it earned 98 cents a share, excluding items, on revenue of $17.12 billion. Although U.S. same-store sales rose 1.2 percent, the figures still fell below Wall Street estimates.</p><p>For the year, Target CEO Gregg Steinhafel was cautious about the retailer’s U.S. outlook because of ongoing concerns about consumer spending.</p><p>On Wednesday, shares of Target Corporation fell 2.62 percent to $66.17 in morning trade.</p><p>Lowe's Companies Inc. (NYSE:LOW) reported second quarter earnings of $941 million, or 88 cents per share, compared with earnings of $747 million, or 64 cents per share, a year earlier. Revenue rose 10 percent to $15.71 billion.</p><p>The second-largest home improvement retailer also raised its full-year earnings and revenue forecasts.</p><p>Shares of Lowe's Companies Inc. jumped 5.78 percent to $46.63.</p><p>American Eagle Outfitters (NYSE:AEO) said second quarter net income rose 3 percent to $19.6 million, or 10 cents per share, while revenue fell 2 percent to $727.3 million.</p><p>The teen retailer also cut it outlook for its fiscal third quarter below Wall Street expectations, blaming shoppers reluctance to spend.</p><p>Shares of American Eagle Outfitters sank 8.39 percent to $15.01.</p><p>Toll Brothers Inc (NYSE:TOL) issued fiscal third quarter profit of $46.6 million, or 26 cents a share, compared with earnings of $61.6 million, or 36 cents a share, a year-ago. The largest U.S luxury home builder said revenue increased 24 percent to $689.2 million.</p><p>Shares of Toll Brothers Inc rose 2.05 percent to $32.29.</p><p>Staples Inc. (NASDAQ:SPLS) booked second quarter earnings of $102.5 million, or 16 cents per share, compared with earnings of $120.4 million, or 18 cents per share, in the year-ago period. The office-supply retailer said sales fell to $5.31 million, down from $5.43 million a year earlier.</p><p>Shares of Staples Inc. plunged 12.60 percent to $14.70 in morning trade.</p><p>After the bell on Wednesday, Hewlett-Packard Company (NYSE:HPQ) and L Brands Inc (NYSE:LTD) report quarterly earnings results.</p><p>The Dow Jones industrial average fell 41.67 points, or 0.28 percent, at 14,961.32. The S&P 500 Index was down 3.50 points, or 0.21 percent, at 1,648.92. The Nasdaq Composite Index was up 0.28 points, or 0.01 percent, at 3,613.78.</p>
