Revenue segments as reported by the company.

Sales

Other revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Depreciation and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Target

Market Pantry is a brand of Target private label grocery products.

Market Pantry

Embark is a brand of Target private label outdoor gear and camping equipment.

Embark

up&up offers essential commodities including household, healthcare, beauty, baby, and personal care products. The brand claims to offer products of equal quality to national brands at a fraction of the cost, averaging a savings of 30 percent. As of September 2009, up & up offers over 800 products across 40 categories.

up&up

Project 62 is a premium furniture line replacing Threshold.

Project 62

Target Corp. engages in the operation and ownership of general merchandise stores. It offers food assortments including perishables, dry grocery, dairy, and frozen items. The company was founded by George Draper Dayton in 1902 and is headquartered in Minneapolis, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Target reports resilient Q1 performance amidst inflation and cautious outlook

Target's Q1 performance showed resilience in the face of inflation and interest rate hikes, with a focus on trust, loyalty, and strategic relevance. The company remains cautious due to macro and shrink pressures but is confident in its long-term prospects for profitable growth.

Target exceeds Q2 earnings expectations, cautious outlook for remainder

Target's Q2 performance exceeded expectations despite challenges, with a focus on building joyful assortments and investing in assets. The company faces cautious expectations for the remainder of the year but sees opportunities in seasonal moments and continued agility and efficiency. Target remains confident in its long-term prospects for profitable growth.

Target reports strong Q3 earnings but cautious about holiday season

Target's third quarter performance showed strong financials but a decline in comparable sales. The company is cautious about the holiday season but remains focused on long-term growth strategies and enhancing the guest experience.

Target navigates challenges with agility and innovation for growth

Target's Q4 2023 earnings call highlighted a resilient performance amidst industry challenges, with a strategic focus on agility, innovation, and guest experience. The company aims to drive profitability through cost discipline, investments in team and guest engagement, and leveraging its strengths in retail and partnerships.

Target reports steady Q1 performance amidst inventory challenges

Target's Q1 performance met expectations with in-store sales growth outpacing digital sales.
The company faces challenges from inventory shrink and organized retail crime but maintains a focus on efficiency and cost-saving efforts.
Opportunities lie in long-term growth strategies, investments in guest engagement, and leveraging market share opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Target beat earnings on both the top and bottom lines this morning. Sales growth is slow -- and getting slower -- but profit margins fueled a big jump in earnings.

Why Target Stock Just Jumped 12%

Target's strong recovery is driven by increased customer traffic, robust digital sales, and strategic focus on private brands, despite recent stock struggles. The company aims to boost margins by simplifying processes and improving inventory management, positioning itself for long-term growth. TGT stock's attractive valuation, solid dividend, and proven strategy make it a compelling choice for investors, even amid ongoing consumer uncertainty.

Bullseye! Target Is Back

Target's stock has seen a significant boost as recent price cuts successfully attract more customers. The strategy is paying off, driving increased foot traffic and sales, contributing to the stock's upward momentum.

Target stock soars 14% as retailer cuts prices on 5,000 products to lure in customers

General Mills

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Target (TGT) executives addressed the health of the American consumer, the importance of the retailer's same-day services, and more in Wednesday's second-quarter earnings call.

4 Key Takeaways From Target's Earnings Call

Fed's July FOMC Minutes in Focus

Target (TGT) achieves comparable sales growth in the second quarter, rebounding from past challenges. The retail bellwether witnesses increased traffic both in stores and across digital channels.

Target (TGT) Q2 Earnings Beat Estimates, Comps Rise Y/Y

Target Corporation (NYSE:TGT ) Q2 2024 Earnings Call Transcript August 21, 2024 8:00 AM ET Company Participants John Hulbert - VP, IR Brian Cornell - Chair and CEO Rick Gomez - CCO Michael Fiddelke - COO and CFO Conference Call Participants Kate McShane - Goldman Sachs Rupesh Parikh - Oppenheimer Chris Horvers - JPMorgan Simeon Gutman - Morgan Stanley Robby Ohmes - Bank of America Ed Kelly - Wells Fargo Corey Tarlowe - Jefferies Operator Ladies and gentlemen, thank you for standing by. Welcome to the Target Corporation Second Quarter Earnings Release Conference Call.

Target Corporation (TGT) Q2 2024 Earnings Call Transcript

The return to top-line growth - the first since 2022 - is a welcome development for Target stock buyers this morning.

Target Up Big on Q2 Beat; Payroll Adjustment, Fed Minutes Expected

Target Corporation NYSE: TGT recently released its earnings report for the second quarter of 2024. The company's latest report exceeded the expectations of its analyst community, prompting a surge in investor confidence and Target's stock price.

Target Hits the Mark: Q2 Earnings Exceed Expectations

Target stock is soaring Wednesday after the discount retailer's blowout earnings report and analysts like what they're seeing. Here's what you need to know.

Is Target Stock a Buy After Its Beat-And-Raise Quarter?

Target (NYSE: TGT ) just reported results for the second quarter of 2024. Target reported earnings per share of $2.57.

TGT Stock Earnings: Target Beats EPS, Beats Revenue for Q2 2024

Target managed to return to sales growth in the second quarter, ending a yearlong slide. The retailer said it offers strong value for customers who are more careful about their spending.

Target's plan to lock in shoppers is working brilliantly

Costco

Walmart

While we've been eagerly waiting for a rate cut, several sectors have been hit harder than others.

3 Stocks Ready to Soar After a Fed Rate Cut

While the top- and bottom-line numbers for Target (TGT) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Target (TGT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 50 points on Tuesday.

US Stocks Higher; Target Posts Upbeat Earnings

Target Corp (NYSE:TGT) shares shot 15% higher after returning to growth in the past quarter, with earnings growing more than Wall Street expected. Sales in the second quarter increased 2.0% on a comparable basis versus a year ago, the high end of the company's previous guidance as traffic grew 3% and digital sales grew 8.7%.

Target shares shoot higher after growing earnings 40%

Target Corp  (NYSE:TGT) announced better-than-expected second-quarter earnings and revenue earlier, with sales rising as consumers splurged on discretionary items.

Target Stock Surges on Quarterly Win

Target (TGT) shares soared Wednesday after the retailer's second-quarter earnings beat estimates, leading Target to lift its projections for full-year earnings per share (EPS).

Target Stock Surges on Earnings Beat, Higher Profit Outlook

The big box retailer raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.

Target sales surge in latest sign that shoppers are flocking to low-cost retailers

Target (TGT) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $1.80 per share a year ago.

Target (TGT) Q2 Earnings and Revenues Top Estimates

Shares of Target Corp. rocketed toward a four-month high in early Wednesday trading, after the discount retailer reported a triple beat for its fiscal second-quarter and raised its full-year profit outlook, citing “meaningfully” improving trends across discretionary categories.

Target's stock rockets as store traffic grows, discretionary spending picks up

Target CEO Brian Cornell said there's no room for price gouging in the competitive retail landscape. Cornell was asked whether the tactic boosted Target's profits, after Democratic presidential candidate Kamala Harris outlined a plan to stop price gouging.

Target CEO Brian Cornell weighs in on price gouging accusations in retail

Target raised its annual profit forecast on Wednesday and beat Wall Street expectations for second-quarter comparable sales as more Americans shopped at its stores drawn by low priced groceries and essentials.

Target raises annual profit forecast after price cuts boost quarterly sales

Target beat Wall Street's earnings and revenue expectations on Wednesday. Sales at the discounter grew as shoppers made more visits to Target's stores and website and bought more discretionary items like clothing.

News for Target Stock (TGT)