Target (TGT) Earnings Report, Financial Results, Financial analysis

Target Corp reported in I. Quarter net earnings per share of $0.56 a decrease by -63.4 % year on year from $1.53 and decline of -65.64 % from $1.63 earned in IV. Quarter (Feb 01 2020).

*I. Quarter*
Earnings Per Share	Revenues
$ 0.56	$ 19,615 Mill
$-0.97 -63.4 %	$+1,988M +11.28 %

Target's Revenue rose by 11.28 % in I. Quarter (May 02 2020) year on year, to $19,615 million and declined by -16.17 % sequentially.

Target is Expected to report next financial results on August 21, 2020.

More on TGT's Income Statement

Sales Growth by Division


	• U.S. 2.77% Y/Y

TGT's Segments

TGT's NET INCOME

Target's net income of $284 million in I. Quarter decreased by -64.28 % from net earnings of $795 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -65.95 % from net income of $834.00 million realized in previous quarter.

More on TGT's Growth

Target Income Growth by Division

• U.S. 14.66% Y/Y

Inventories declined by -5.25 % to $8,584.00 million from I. Quarter a year ago, sequentially inventories fell by -4.54 %. TGT's Cash flow In I. Quarter company's net cash flow was $1,989 million, capital expenditures fell by 14.66%, to $-751 millions compare to same quarter a year ago and fell by 20.35% from IV. Quarter (Feb 01 2020).

More on TGT's Cash flow Statement

Earnings quality

Target Corp payed out dividend of $2.60 per share in last 52 weeks representing 48.15 % of net earning per share in trailing twelve-month period.

During the same period Target Corp earned $ 15.97 cash per share, on a free-cash flow basis 295.75 % of net earning per share.

Book value fell by -4.45 % sequentially to $22.08 per share.
Tangible Book value fell to $ 22.08 per share from $ 23.11.

Company repurchased 6.20 million shares or 1.21 % in I. Quarter.
Interest Coverage Ratio was 8.47. Debt Coverage Ratio was 0.32.

• More on TGT's Dividends

Market Capitalization (Millions)	60,736
Shares Outstanding (Millions)	506
Total Debt (Millions $)	14,241
Revenue (TTM) (Millions $)	80,100
Net Income (TTM) (Millions $)	2,770
Cash Flow (TTM) (Millions $)	3,110
Capital Exp. (TTM) (Millions $)	-3,123
Dividend TTM ($)	2.6 $
Dividend Yield TTM (%)	2.18 %
Employees (TTM) $	347,000

Earnings quality

• More on TGT's Balance Sheets

Market Capitalization (Millions)	60,736
Shares Outstanding (Millions)	506
Total Debt (Millions $)	14,241
Revenue (TTM) (Millions $)	80,100
Net Income (TTM) (Millions $)	2,770
Cash Flow (TTM) (Millions $)	3,110
Capital Exp. (TTM) (Millions $)	-3,123
Dividend TTM ($)	2.6 $
Dividend Yield TTM (%)	2.18 %
Employees (TTM) $	347,000

Operating Statistics	Decrease / Increase

• View Annual Report

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Target Corp

TGT's Financial Statements and Analysis