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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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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

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's (TGT) second-quarter fiscal 2023 results reflect a decline in comparable sales. Markedly, the gross margin rate improves year over year.

Target (TGT) Q2 Earnings Beat Estimates, FY23 View Lowered

Sales fell 5.4% over the last three months, a higher decline than expectations, according to second-quarter earnings report

Target sees drop in sales after rightwing backlash to Pride merchandise

Target said right-wing outrage over its annual LGBTQ Pride Month merchandise hurt sales in June. Unlike boycotts against Bud Light, the anti-LGBTQ reaction included threats against workers.

Target acknowledges the Pride backlash hurt sales in June and says it will rethink its approach to 'heritage moments' going forward

If you're looking for some good news in this recent selloff, we appear to be setting the table for some room to the upside once everyone comes back from vacation.

Housing Starts In-Line; Target & TJX Beat on Q2 Earnings

Target Corporation (NYSE:TGT ) Q2 2023 Earnings Conference Call August 16, 2023 8:00 AM ET Company Participants John Hulbert - VP, IR Brian Cornell - Chairman and CEO Christina Hennington - Chief Growth Officer John Mulligan - COO Michael Fiddelke - CFO Conference Call Participants Rupesh Parikh - Oppenheimer Kate McShane - Goldman Sachs Oliver Chen - TD Cowen Michael Lasser - UBS Simeon Gutman - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by. Welcome to the Target Corporation's Second Quarter Earnings Release Conference Call.

Target Corporation (TGT) Q2 2023 Earnings Call Transcript

Target posted its first quarterly sales decline in six years after a dip in discretionary spending, backlash against the company's Pride collection, and rise in retail theft.

Target Posts First Quarterly Sales Decline in Six Years, Lowers Outlook

The backlash over the retailer's Pride Month collection could prove to be only a passing cloud compared with the potential chill in consumer spending.

Target Customer Backlash May Be Least of Its Problems

As Target reported earnings, CEO Brian Cornell defended the company's decision to pull some merchandise, but said it will continue to celebrate Pride month.

Target Pride backlash adds to sales woes as culture wars rage in corporate America

Target missed top-line estimates, but beat on the bottom line. It also cut full-year EPS guidance.

Why Target Stock Was Up Today

Although the revenue and EPS for Target (TGT) give a sense of how its business performed in the quarter ended July 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Target (TGT) Reports Q2 Earnings: What Key Metrics Have to Say

Target NYSE: TGT shares surged about 10% after the Q2 earnings report was released but don't read too much into the news. The surge is a knee-jerk reaction to a mixed report that does nothing to improve the outlook.

Target Misses The Mark: Is It Too Late To Sell?

Target Corp. CEO Brian Cornell says that the company is facing an “unacceptable amount” of retail theft and organized retail crime.

Target facing ‘unacceptable amount' of retail theft and organized retail crime, CEO says

Target Corp (NYSE: TGT) saw its sales decline in the second quarter even though consumer remained strong and a bunch of economists took a step back from their forecast of a looming recession. Target expects a sales decline this year Inflation has continued to decelerate in recent months as well.

Target lowers its full-year sales guidance: ‘stock has hit the low'

Markets opened mixed Wednesday morning. Target shares climbed even though the retail giant anticipates economic headwinds ahead.

2 Retail Stocks Worth Watching Wednesday

CEO Brian Cornell said the retailer “saw things normalize” after a decision to pull some items.

Target Sales Drop After ‘Negative Reaction' To Pride Month Collection—But Profit Beats Expectations

Target's second quarter store sales and revenue fell amid the ongoing consumer backlash from the retailer's Pride and transgender merchandise, the retail-chain company reported on Wednesday.

Target's Pride merchandise leads to sales slump

TJX Companies, which runs TJ Maxx and Marshalls, is seeing big gains in discretionary purchases as cash-strapped consumers look for a deal amid high inflation.

Shoppers are spending big at TJX Companies as Target sales slide

Walmart

Target Corp. (NYSE: TGT) was once considered a worthy rival to Walmart Inc. It was the second largest big-box retailer behind Sam Walton's company.

Walmart Beats Out Target

Apple

Amazon

Logitech

Office Depot

Zoom Video

Summer's ending and school is right around the corner. From elementary entrants to grad students, learners of all ages and types are ready to hit the books and call an end to summer break.

7 Stocks to Buy as Back to School Spending Increases

Target Corp. TGT had to make changes to protect its team amid the intense anti-LGBTQ backlash the company faced earlier this year, according to the company's CEO Brian Cornell. Speaking during a conference call to discuss Target's second-quarter results, Cornell discussed the company's decision to remove Pride-themed products from some stores amid the backlash.

Target ‘quickly made changes' to protect employees amid Pride backlash, CEO says

Target's said its quarterly sales fell for the first time in six years — a result of customers' “negative reaction” to its spring “Pride” clothing collection that featured “tuck-friendly” swimwear and LGBTQ-friendly gear for infants and children.

Target reports first quarterly sales drop in 6 years after ‘Pride Month' disaster

Target (TGT) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $0.39 per share a year ago.

Target (TGT) Q2 Earnings Top Estimates

There was one glimmer of good news for the beleaguered brand. Target Corporation's stock (TGT) price has soared in pre-market trading even after quarterly sales fell for the first time in six years, and the company lowered its 2023 forecast.

Target sales fell for the first time in 6 years, but the retailer's stock is surging. Here's why

In late May, Target (NYSE: TGT), the retail giant, experienced a sharp decline in its stock price as it found itself embroiled in controversy over its Pride-themed clothing line for children, drawing backlash from conservative circles.

Target stock hits a 3-year low as boycott backlash sparks lawsuit

Target Corporation (NYSE:TGT) lowered annual guidance alongside its second quarter results, but improved margin drove a better-than-expected profit figure pushing shares up 7.5% in pre-market trading. The Minneapolis-based retailer said sales in the three months to July 29 fell 4.9% to $24.38 billion from $25.65 billion the year before, but net earnings leapt more than fourfold to $835 million from $183 million, with EPS of $1.81 ahead of Street expectations of $1.39, and up from $0.40 before.

News for Target Stock (TGT)