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

Opening new stores is back in style - at some U.S. retail chains.

Target joins crowd of big US retailers seeking store expansion

Target is attempting to boost revenue and market share by upgrading its loyalty program and adding a paid membership tier. The new program is called Target Circle 360.

Target launches new paid membership program

Target Corporation (NYSE:TGT ) Q4 2023 Earnings Conference Call March 5, 2024 9:00 AM ET Company Participants John Hulbert - Vice President Investor Relations Brian Cornell - Chair & Chief Executive Officer Christina Hennington - Chief Growth Officer Michael Fiddelke - Chief Operating Officer, Chief Financial Officer Rick Gomez - Chief Food, Essentials and Beauty Officer Jill Sando - Chief Merchandising Officer of Apparel & Accessories, Home and Hardlines Cara Sylvester - Chief Guest Experience Officer Conference Call Participants Simeon Gutman - Morgan Stanley Unidentified Analyst – Unidentified Company Scot Ciccarelli - Truist Mike Baker - D. A. Davidson Danny Brett Hower – HSBC Greg Melich - Evercore ISI Edward Yruma - Piper Sandler Robert Drbul - Guggenheim Securities Ivan Feinseth - Tigress Financial Partners Christopher Horvers - J.P.

Target Corporation (TGT) Q4 2023 Earnings Call Transcript

During Target's investor event on Tuesday, the retail giant announced it is launching a paid membership program, Target Circle 360, on April 7 to compete with rivals Amazon and Walmart.

Target to launch Target Circle 360 next month, its Prime competitor

Costco

Dick's Sporting Goods

Ross Stores

Led by Abercrombie, the retail stocks ripped 129% higher, on average, in the past year.

Ross Stores, 3 Other Retail Stocks Set To Report Earnings After Blistering Gains

The Target Circle loyalty program will evolve to offer three new membership options, including a free-to-join option, that let guests choose how they want to shop and save Target owned brand launches and expansions  planned in 2024 will offer newness, innovation and value Plans for hundreds of new stores and investments in most of Target's nearly 2,000 stores over the next decade will bring millions of consumers an enhanced guest experience MINNEAPOLIS , March 5, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced plans to invest in its guest experience and long-term growth with a focus on: Building on the success of its industry-leading Target Circle membership program with an even easier and more personalized shopping experience centered on value, relevance and ease. Innovating to grow its more-than-$30-billion owned brand portfolio with new and on-trend items, quality and value.

Target Announces Plans to Deliver Enhanced Shopping Experience in 2024 and Beyond

Robust Black Friday and Cyber Monday spending helped drive holiday-quarter sales, the company said.

Target shares jump as retailer unveils paid membership program to rival Walmart, Amazon

Its sales are still falling, but its profitability has improved significantly. Management expects growth to remain sluggish in 2024.

Why Target Stock Popped Today

What we're seeing in today's pre-market is continued light selling, akin to Monday's overall trading attitude.

Target, NIO Beat; "Jobs Week" Starts Tomorrow

Target Corp (NYSE:TGT) shares surged more than 12% on Tuesday morning after the retail giant reported better-than-expected earnings for the fourth quarter. It posted adjusted earnings per share (EPS) of $2.98, up 57.6% year-over-year, and ahead of Target's guidance range of $1.90 to $2.60 and the Wall Street consensus estimate of $2.41.

Target shares at 11-month high on earnings beat

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

Target (TGT) Q4 Earnings Top Estimates, Comps Decline 4.4% Y/Y

Although the revenue and EPS for Target (TGT) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Target (TGT) Reports Q4 Earnings: What Key Metrics Have to Say

Target TGT Corporation stock spiked in this morning's pre-market as the retailer unveiled a big jump in operating income for 2023, up by nearly $2 billion compared to 2022 despite sales falling by 1.6% to $107.4 billion.

Target's Sales Down By 1.7% But Profits Jump In 2023

Target is following the playbook of Amazon and Walmart, which already have similar programs.

Target launches paid membership program as it chases new revenue streams

Target (TGT) shares surged over 11% in early trading Tuesday as the company posted stronger-than-expected earnings for the fourth quarter of fiscal 2023.

Target Stock Surges on Q4 Earnings Beat

Target Corp   (NYSE:TGT ) is 9.7% higher before the bell, after the retailer reported fourth-quarter earnings and revenue that beat Wall Street's estimates.

Retail Stock Poised to Pop After Earnings

Shares rebound after the retailer says it is working to boost shopper traffic and profit in 2024.

Target Sales Fall for First Time Since 2016

Robust Black Friday and Cyber Monday spending helped drive holiday-quarter sales, the company said, and shoppers gravitated to newly launched collections.

Target's earnings surge despite holiday sales dip, sees sales recovery in 2024

Target powers to highest price since April 2023 on earnings. But full-year revenue falls for the first time since 2017.

Target Stock Spikes To 11-Month High On Earnings Beat

Target Corp is trading up in premarket on Tuesday after reporting upbeat results for its fiscal fourth quarter as the team “maintained appropriate inventory levels”. Investors are content even though the retail behemoth warned of another year of weak sales.

Target Q4 earnings: retailer warns of another year of weak sales

MINNEAPOLIS , March 5, 2024 /PRNewswire/ -- Q4 2023 Highlights     Comparable sales and traffic trends improved sequentially for the second quarter in a row. Same-day services (in-store pickup, Drive Up, and Shipt), which represent more than 10 percent of total sales, increased 13.6 percent in the quarter, led by growth in Drive Up.

Target Corporation Reports Fourth Quarter and Full-Year 2023 Earnings

Target Corp., which reports its fourth-quarter results on Tuesday morning, enjoyed strong foot traffic to its stores in 2023 before seeing a dip in January, according to data from analytics company Placer.ai.

Target saw strong foot traffic in 2023 but a sharp dip in January, research says

Target (TGT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Target (TGT) is Poised to Beat Earnings Estimates Again

Target (TGT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Target (TGT) Might Surprise This Earnings Season

MINNEAPOLIS , March 4, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) plans to release its fourth quarter and full-year 2023 financial results the morning of March 5.  Later that morning the company will webcast its meeting with the financial community beginning at 9:00 a.m.

News for Target Stock (TGT)