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Target Corporation (NYSE: TGT) |
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Price: $138.7700
$-2.85 
-2.012%
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| Day's High:
| $140.6
| Week Perf:
| -0.37 %
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| Day's Low: |
$ 137.87 |
30 Day Perf: |
2.57 % |
| Volume (M): |
4,062 |
52 Wk High: |
$ 181.86 |
| Volume (M$): |
$ 563,670 |
52 Wk Avg: |
$150.24 |
| Open: |
$140.53 |
52 Wk Low: |
$120.21 |
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| Market Capitalization (Millions $) |
64,042 |
| Shares
Outstanding (Millions) |
462 |
| Employees |
415,000 |
| Revenues (TTM) (Millions $) |
107,570 |
| Net Income (TTM) (Millions $) |
4,370 |
| Cash Flow (TTM) (Millions $) |
1,523 |
| Capital Exp. (TTM) (Millions $) |
2,822 |
Target Corporation
Target Corporation Overview
Business Model and Operations
Target Corporation is a prominent retailer in the United States, operating a network of large-format general merchandise stores. The company offers a diverse range of products, including clothing, home goods, groceries, electronics, and health and beauty items. Targets retail formats include discount stores, moderate-priced promotional stores, and traditional department stores. In addition to its physical locations, Target has significantly expanded its online presence, facilitating convenient shopping through an e-commerce platform.
Sales Growth and Strategy
Targets growth strategy relies on increasing comparable-store sales, which represents sales generated by stores that have been open for at least one year, and the ongoing expansion of its store network. New store openings contribute positively to overall sales and profitability, reinforcing Targets position in the retail sector. Furthermore, the company leverages its credit card operations'particularly the Target REDcard program'to drive loyal customer engagement and enhance shopping experiences.
Customer Centricity
Target places a strong emphasis on customer satisfaction, aiming to delightits guests through a combination of everyday essentials and unique, fashionable products offered at competitive prices. The brands focus on providing a pleasant shopping experience is bolstered by innovative store layouts, well-trained staff, and personalized services.
Technology and Supply Chain Management
A cornerstone of Targets operational success is its robust supply chain and technological infrastructure. The company continually invests in advanced logistics and inventory management systems to improve efficiency and service delivery. This commitment to technology and innovation is embedded in Targets corporate culture, ensuring that the organization remains agile in addressing market demands.
Sustainability and Corporate Responsibility
Target is also committed to corporate social responsibility, including sustainability initiatives that aim to reduce environmental impact. The company has set ambitious goals, such as increasing the use of renewable energy, sustainable sourcing for its products, and reducing waste across its operations.
Future Growth Areas
As Target continues to evolve, it is focused on several key areas for future growth, including further expansion of its online shopping capabilities, investments in new store formats, and enhancing the in-store experience through technology. Targets health and wellness offerings, as well as its private label brands, are also critical components of its strategy to capture a larger market share.
This comprehensive approach allows Target Corporation to maintain its competitive edge and positions it for sustainable growth in the dynamic retail landscape.
Company Address: 1000 Nicollet Mall Minneapolis 55403 MN
Company Phone Number: 304-6073 Stock Exchange / Ticker: NYSE TGT
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Customers Net Income fell by |
TGT's Customers Net Profit Margin grew to |
-0.64 % |
1.37 %
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| Stock Performances by Major Competitors |
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| Target Corporation
Target Corporation: A Resilient Player in a Challenging Market EnvironmentIn the fiscal span ending November 2, 2024, Target Corporation (TGT) reported a revenue increase of 1.063%, reaching $25.67 billion. While this growth is commendable, it comes amid a backdrop of challenges that have led to an earnings per share (EPS) decline of 11.9%, bringing the EPS down to $1.85. Although these numbers may appear disappointing at first glance, it?s essential to look deeper into the circumstances and strategic measures taken by the company as well as its prospects moving forward. Understanding Revenue GrowthAchieving a revenue rise above the $25 billion mark in a volatile market indicates Target Corporation's intrinsic strength and ability to attract a diverse customer base. Notably, this increase, though below the average growth of 2.44% seen among wholesale sector peers, highlights Target's ongoing commitment to improving sales despite considerable headwinds, including inflation, shifts in consumer behavior, and a competitive landscape.
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| Stocks on the Move
Published Thu, Aug 8 2024 2:55 PM UTC
Unpacking the Unrest: What?s Behind Target Corporation?s Recent Share Sell-Off In the current dynamic landscape of retail, few companies have managed to capture the cultural zeitgeist quite like Target Corporation. Known for its trendy yet affordable offerings, the retail giant has successfully crafted a brand that resonates deeply with consumers. Yet, in recent weeks, this...
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| Stocks on the Move
Published Wed, Jun 26 2024 4:46 PM UTC
From Value to Growth: BofA Raises Broadcom Price TargetTarget Corporation Achieves Impressive ROI in Q1 2024In recent news, Bank of America analysts have raised their price target on Broadcom shares, citing the company s transformation from a value stock to a growth stock driven by its impressive growth prospects. This adjustment reflects the positive sentiment surrounding B...
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| Target Corporation
Target Corporation, one of the largest retail chains in the United States, recently announced its financial results for the first quarter of the 2024 earnings season. The company reported soft results, with profits decreasing by -0.98% to $2.03 per share and revenue decreasing by -3.124% to $24.53 billion year on year.
Looking back at the previous financial reporting period, Target Corporation experienced a significant decline in revenue, with a -23.146% decrease from $31.92 billion, and a decrease in income by -31.95% from $2.98 per share. Despite these challenges, the company managed to maintain a net earnings of $942.000 million in the first quarter of the 2024 earnings season, a slight decrease of -0.84% from the corresponding period a year before.
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| Target Corporation
Target Corporation (TGT) reported its financial results for the fourth quarter of the 2023 earnings season, showcasing notable bottom-line improvement despite slow revenue growth. The company's earnings per share (EPS) surged by an impressive 57.52% to $2.98, while revenue experienced a modest increase of 1.669% to $31.92 billion compared to the same reporting season a year ago. These results prompted a closer examination of the wholesale industry's overall performance, leading to the realization that Target Corporation has underperformed relative to its contemporaries during this period.
Bottom-Line Improvement:
Target Corporation's significant bottom-line improvement is a positive indication of its financial health. With EPS soaring by 57.52% from $2.10 in the previous year's fourth quarter and net earnings increasing by 57.76% to $1,382.000 million, the company has managed to drive efficiency and generate higher profits. This improvement in profitability is further underscored by the rise in net margin to 4.33% and operating margin to 5.84% for the fourth quarter of 2023 earnings season.
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| Per Share |
Current |
| Earnings (TTM) |
9.43 $ |
| Revenues (TTM) |
233.09 $
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| Cash Flow (TTM) |
3.3 $ |
| Cash |
7.44 $
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| Book Value |
31.4 $
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| Dividend (TTM) |
4.41 $ |
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| Per Share |
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| Earnings (TTM) |
9.43 $
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| Revenues (TTM) |
233.09 $ |
| Cash Flow (TTM) |
3.3 $ |
| Cash |
7.44 $
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| Book Value |
31.4 $ |
| Dividend (TTM) |
4.41 $ |
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| Apparel accessories |
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 15.6 % |
of total Revenue |
| Beauty |
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12.57 % |
of total Revenue |
| Food beverage |
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23.05 % |
of total Revenue |
| Hardlines |
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12.28 % |
of total Revenue |
| Home furnishings decor |
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16.3 % |
of total Revenue |
| Household essentials |
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18.37 % |
of total Revenue |
| Other |
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1.14 % |
of total Revenue |
| Sales |
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98.29 % |
of total Revenue |
| Credit card profit sharing |
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0.58 % |
of total Revenue |
| Other revenue |
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1.71 % |
of total Revenue |
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0.04% 