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

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

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

The discounter barely earned a profit last quarter, but it has largely addressed its inventory issues now.

Target's Very Bad Earnings Report Isn't Bad News for Investors

Microsoft

AT&T

Walmart

Q3 estimates have been cut for 13 of the 16 Zacks sectors since the quarter got underway, with the biggest declines at the Consumer Discretionary, Consumer Staples, Technology, Retail and Conglomerates sectors.

The Market Sectors Showing Resilience As Earnings Estimates Slip

VanEck Vectors Retail ETF

Consumer Discretionary Select Sector SPDR Fund

Target Corporation (NYSE: TGT) shares retreated, dragging down consumer retail sector-related exchange traded funds, after announcing a plunge in quarterly profits that fell short of even the lowest Wall Street estimates. On Wednesday, the VanEck Vectors Retail ETF (RTH) and the Consumer Discretionary Select Sector SPDR (XLY) both dropped 0.9%.

Consumer Sector ETFs Slide on Target's Painful Quarter

Stocks took a sharp turn lower in early trading Wednesday, as a major earnings miss from one of the nation's biggest retailers shocked investors. Ahead of the opening bell, Target (TGT) said its second-quarter earnings plunged 90% year-over-year to 39 cents per share – missing analysts' consensus estimate by a mile – as the company aggressively marked down excess inventory.

Stock Market Today: Stocks Drop After Target Earnings, Fed Minutes

Target may have its hands full trying to pare back its unsold inventory and shore-up slumping profits, but the retail giant told investors it's also tackling a third "problem" of sorts, as it tries to keep up with a spike in demand for same-day delivery and in-store pickup.

Target to Double Rapid Sorting Capacity Amid Demand Spike for Same-Day Delivery

Target Corp.'s earnings and stock has suffered in recent months as the discount retailer started aggressively dealing with an inventory glut, likely leaving some investors to wonder why, and was it worth it.

Here's why Target was willing to pay so much to sell off excess inventory

Target is taking a page from Walmart's book, investing in its food business to get customers in through the doors (or onto its digital platforms) with greater frequency. The retailer shared on a call with analysts Wednesday (Aug. 17) discussing the company's second-quarter financial results how the category has grown in recent years.

Target's Grocery Biz Grows 50%+ in 3 Years, Becomes Major Player

Target profits tumbled 89% in the second quarter due to inflation limiting consumer spending and a pileup of inventory blamed on supply chain problems.

Target CEO on retailer's inflation, inventory problems: Markdowns were 'best path forward'

Target Corporation (NYSE: TGT) is in the red on Wednesday after the retail behemoth reported lower-than-expected profit for its fiscal second quarter. Should you buy Target stock after Q2 results?

Target stock is a ‘buy' after lower-than-expected Q2 profit: Analyst

July Retail Sales results were flat (0.0%) month over month, lower than the downwardly revised +0.8% for June.

Retail Sales Unched on Headline; Target (TGT) Misses in Q2

Shares of Target Corp. took a hit Wednesday, after the discount retailer reported a big fiscal second-quarter profit miss, as excess inventory continued to present a big challenge to results, although revenue managed to top expectations and full-year guidance remained intact.

Target stock falls after big profit miss, but most of the financial pain from inventory actions has passed

The retailer aggressively cleared out excess inventory in its second quarter, but the job isn't finished.

Target Bites the Bullet

Target's second quarter earnings missed Wall Street's expectations dramatically, particularly when comparing to yesterday's Walmart Q2 results which beat Street expectations.

Target's Second Quarter Results Underwhelm

Target's (TGT) second-quarter fiscal 2022 results reflect a decent comparable sales increase. However, margins remain under pressure due to higher markdown rates.

Target (TGT) Q2 Earnings Miss & Decline Y/Y, Margins Hit Hard

Today is a big day for Target (NYSE: TGT ) investors as the company just reported its second-quarter 2022 financial results. Even while Target highlighted its comparable sales growth, TGT stock traders couldn't shake off the company's profit miss.

Target (TGT) Stock Slips on Earnings Miss

Target Corporation (NYSE:TGT) has reported a bigger-than-expected 90% drop in second-quarter earnings, also missing estimates for like-for-like sales in spite of making big cuts to prices for clothing, electronics and home goods. Minneapolis-based Target posted second-quarter earnings of $183 million, or 39 cents per share, missing estimates of 72 cents, while comparable sales rose 2.6%, below analysts' estimates for a 3.3% increase.

Target reports bigger-than-expected 90% drop in quarterly earnings

Pointing to outsized growth for its same-day delivery services, Target plans to double its investment in local sortation centers that support rapid order fulfillment by nearby stores and help it complete final mile logistical challenges.

Target Is Doubling Sortation Centers Amid Surge in Demand for Same-Day Delivery

Target Corporation (NYSE:TGT ) Q2 2022 Earnings Conference Call August 17, 2022 8:00 AM ET Company Participants John Hulbert - Vice President, Investor Relations Brian Cornell - Chairman & Chief Executive Officer Christina Hennington - Chief Growth Officer John Mulligan - Chief Operating Officer Michael Fiddelke - Chief Financial Officer Conference Call Participants Christopher Horvers - JPMorgan Edward Yruma - Piper Sandler Steph Wissink - Jefferies Michael Lasser - UBS Simeon Gutman - Morgan Stanley Kelly Bania - BMO Capital Robbie Ohmes - Bank of America Oliver Chen - Cowen Operator Ladies and gentlemen, thank you for standing by. Welcome to Target Corporation's Second Quarter Earnings Release Conference Call.

Target Corporation (TGT) CEO Brian Cornell on Q2 2022 Results - Earnings Call Transcript

Operating margins came in lower than expected, but the company is optimistic.

Why Target Shares Dropped Today

Target Corporation (NYSE:TGT) entered the earnings confessional earlier to report second-quarter profits of 39 cents per share -- much lower than Wall Street's estimates of 72 cents per share.

Target Stock Pivots Lower as Quarterly Profits Disappoint

Experts warn that investors should be cautious about “chasing” the recent market rally.

Dow Falls 200 Points, Stocks Lose Steam After Target Profits Plunge

Target's operating margin shrunk to 1.2% in the second quarter of 2022 as the company used deep discounts to sell off its excessive inventory.

Target's Profits Drop 90% As It Relies On Discounts To Get Rid Of Inventory

US stocks were lower Wednesday after Target missed on its latest earnings report. Wall Street is looking ahead to Fed minutes.

US stocks drop as Target earnings miss while investors look ahead to Fed minutes

Krispy Kreme

Despite rising meme stocks, investors seem more concerned about the retail sector and the overall economy.

Target, Krispy Kreme Fall as Stock Market Sentiment Wavers

Target had twice warned its profitability in the second quarter would take a hit as it cut prices to clear out unwanted inventory.

News for Target Stock (TGT)