Target Corporation reported in III. Quarter net earnings per share of $1.54 a decrease by -49.34 % year on year from $3.04 and an improvement of 294.87 % from $0.39 realized in II. Quarter (Jul 30 2022).
III. Quarter
Earnings Per Share
Revenues
$ 1.54
$
26,518 Mill
$-1.50-49.34 %
$+866M+3.38 %
Target's Revenue
rose by
3.38 % in III. Quarter (Oct 29 2022) year on year,
to $26,518 million and
advanced by
1.85 % sequentially.
Target is Expected to report next financial results on March 08, 2023.
Target's
net income of $712.000 million in III. Quarter decreased by -52.15 % from net earnings of $1,488.000 million achieved in III. Quarter a year ago.
Sequentially
net earnings grew by 289.07 % from net income of $183.000 million realized in previous quarter.
Inventories grew by 14.43 % to $17,117 million from III. Quarter a year ago, sequentially inventories rose by 11.73 %.
In III. Quarter company's net cash and cash equivalents decreased by $-163 million, capital expenditures fell by 57.21%, to $-1,800 millions compare to same quarter a year ago and fell by 14.58% from II. Quarter (Jul 30 2022).
Target Corporation
payed out dividend of $3.78 per share in last 52 weeks representing 51.78 % of net earning per share in trailing twelve-month period.
During the same period Target Corporation
earned $ 7.74 cash per share, on a free-cash flow basis
106.03 % of net earning per share.
