Target Corp. ( TGT ) reported better-than-expected earnings and a sunny outlook. Net income rose to $1.22 a share over its quarter ended July 29, higher than $1.16 a share a year earlier. Adjusted earnings of $1.23 a share beat estimates by 4 cents. Revenue increased 1.6% to $16.4 billion, edging out consensus by $130 million. Same-store sales gained 1.3%, smashing targets of 0.3% growth. Target also raised its full-year adjusted earnings guidance to $4.34 to $4.54 a share, higher than a previous range of $3.80 to $4.20.