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 stock slumped after the retailer's earnings and revenue were hit by a tough consumer spending environment. Here's what you need to know.

Target Stock Sinks on Q1 Earnings Miss: What To Know

Comparable sales fell 3.7%, marking the retailer's fourth straight quarter of declines.

Target Reports Another Sales Drop

Target Corporation (NYSE:TGT ) Q1 2024 Earnings Conference Call May 22, 2024 8:00 AM ET Company Participants John Hulbert - Vice President, Investor Relations Brian Cornell - Chair and Chief Executive Officer Christina Hennington - Executive Vice President and Chief Growth Officer Michael Fiddelke - Executive Vice President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Michael Lasser - UBS Rupesh Parikh - Oppenheimer Corey Tarlowe - Jefferies Michael Baker - D.A. Davidson Kate McShane - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by.

Target Corporation (TGT) Q1 2024 Earnings Call Transcript

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

Target (TGT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Target Corp (NYSE:TGT) stock was last seen down 8.7% to trade at $142.26, after the retailer reported a first-quarter earnings miss and a 3% sales drop due to lower consumer spending on discretionary items.

Target Stock on Track for Worst Day Since 2022

Target reported Q1 2024 earnings on Wednesday, revealing to investors that comparable sales fell 3.7% during the quarter, causing the company's share price to fall before the market opened.

A retail analyst says Target is ‘falling behind' Walmart, Amazon, and Costco after earnings, but hope is not lost

Even as it looks more likely that the United States will at last lose its war on inflation, dipping into a recession soon, Target reported its own losses today.   This morning, before US markets opened, Target Corporation reported its latest financial results, for Q1 of FY 2024.

Sales slump 3.7% for Target in disappointing earnings, as USA cuts back on spending

Target (TGT) shares tumbled in premarket trading Wednesday despite the retailer reporting a small earnings beat for the first quarter of fiscal 2024, as inflation and lower discretionary spending continue to weigh on sales.

Target Slides As Inflation Continues To Impact Sales, Guidance Disappoints

Walmart

U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump, U.S. retailers say.

Target, Walmart shoppers seek home goods, grocery delivery online

Target posted weaker-than-expected first-quarter earnings and a sales drop Wednesday, following a slowdown in spending as inflation-weary shoppers continued to keep their budgets in check, causing shares of the discount chain to fall in pre-market trading.

Target Shares Slide After Inflation Hurts Earnings

Target's NYSE: TGT Q1 results highlight the growing bifurcation in retail. Its results include contracting revenue driven by weakened discretionary spending and loss of market share.

Target Misses the Mark: Shares Pulling Back to the Buy Zone

Target (TGT) came out with quarterly earnings of $2.03 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.05 per share a year ago.

Target (TGT) Q1 Earnings Miss Estimates

Emerson Electric

Procter & Gamble

Walmart and Procter & Gamble are at the top of their game. Target has turned its business around in a short amount of time.

Walmart and 3 Other Dividend Kings That Are Outperforming the S&P 500 and Nasdaq Composite in 2024

Target Corp (NYSE:TGT)'s first-quarter results were “consistent with our guidance range”, according to the US department store corporation, but the market had a less-than-rosy interpretation. Shares in the retail giant flopped 7% in Wednesday's pre-market trading session as investors digested the results.

Target shares feel the heat of intense competition

Shares of Target Corp. TGT, -0.59% dropped 7.7% toward a three-month low in premarket trading Wednesday, after the discount retail giant reported fiscal first-quarter profit that missed expectations, amid weakness in sales of discretionary items. Net income for the quarter to May 4 fell to $942 million, or $2.03 a share, from $950 million, or $2.05 a share, in the same period a year ago.

Target's stock dives after profit misses the mark, amid weakness in sales of discretionary items

Target on Wednesday said it expects consumer caution to persist after it reported quarterly earnings that missed Wall Street estimates and issued a forecast for the current quarter that was also largely below expectations.

Target issues weak forecast as shoppers pull back; shares tumble

MINNEAPOLIS , May 22, 2024 /PRNewswire/ --  First quarter operating income margin rate of 5.3 percent reflects a 140 basis point improvement in gross margin rate as compared to the prior year. First quarter comparable sales declined 3.7 percent, in line with expectations.

Target Corporation Reports First Quarter Earnings

Revenue falls 3.1% in the retailer's fiscal-first quarter, driven by ongoing softness in non-essential categories.

Target Misses Earnings Estimates. Discretionary Demand Is Still Under Pressure.

Target's new membership has a lot of potential if Target makes the changes necessary to make it a must-have for shoppers.

Target Trips Over Itself in Battle With Amazon

Big-box retailer Target reports earnings days after it said it would lower prices on thousands of groceries and everyday items.

Target will report earnings before the bell. Here's what to expect

The retail giant's summer discounts could help you save a few bucks on essentials.

Target to Slash Prices on 5,000 Items as Stubborn Inflation Hangs On

Target (TGT) will report first-quarter earnings before the bell Wednesday, in its first earnings report since announcing the revamping of its Target Circle membership with the addition of a paid tier that could help Target compete with peers.

What You Need To Know Ahead of Target's Earnings Report

Target, TJX announce earnings Wednesday as retail results roll in. Target announced price cuts to thousands of products this week.

Target Slides Ahead Of Earnings After Major Price Cuts; TJX Also On Tap

Target's (TGT) strategic price reductions and an improved Target Circle program emphasize its commitment to delivering value and convenience to shoppers.

Target (TGT) Rolls Out Extensive Price Cuts Across 5,000 Items

After last week's beat-and-raise report from Walmart, eyes now turn to competitor Target.

News for Target Stock (TGT)