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Target Corporation  (TGT)
Other Ticker:  
 
    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail
 

TGT's Operating Income Growth by Quarter and Year

Target's Operating Income results by quarter and year




TGT Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter February - 1,865.00 1,159.00 2,095.00
III Quarter November - 1,317.00 1,022.00 2,010.00
II Quarter August - 1,197.00 321.00 2,467.00
I Quarter May 1,296.00 1,328.00 1,346.00 2,374.00
FY   1,296.00 5,707.00 3,848.00 8,946.00



TGT Operating Income first quarter 2024 Y/Y Growth Comment
Target Corporation reported decrease in Operating Income in the first quarter 2024 by -2.41% to $ 1,296.00 millions, from the same quarter in 2023.
The decrease in the first quarter 2024 Target Corporation's Operating Income compares unfavorably to the Company's average Operating Income growth of 2.98%.

Looking into first quarter 2024 results within Wholesale industry 8 other companies have achieved higher Operating Income growth. While Target Corporation' s Operating Income decline of -2.41% ranks overall at the positon no. 902 in the first quarter 2024.

Explain Operating Income growth


TGT Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter February - 60.91 % -44.68 % 14.11 %
III Quarter November - 28.86 % -49.15 % 3.88 %
II Quarter August - 272.9 % -86.99 % 7.26 %
I Quarter May -2.41 % -1.34 % -43.3 % 407.26 %
FY   - 48.31 % -56.99 % 36.81 %

Financial Statements
Target's first quarter 2024 Operating Income $ 1,296.00 millions TGT's Income Statement
Target's first quarter 2023 Operating Income $ 1,328.00 millions Quarterly TGT's Income Statement
New: More TGT's historic Operating Income Growth >>


TGT Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter February - 41.61 % 13.41 % 4.23 %
III Quarter November - 10.03 % 218.38 % -18.52 %
II Quarter August - -9.86 % -76.15 % 3.92 %
I Quarter May -30.51 % 14.58 % -35.75 % 29.3 %
FY (Year on Year)   - 48.31 % -56.99 % 36.81 %




Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Wholesale Industry #9
Retail Sector #36
Overall #902

Operating Income Y/Y Growth Statistics
High Average Low
111.55 % 2.98 % -56.99 %
(May 01 2021)   (Jan 28 2023)
Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Wholesale Industry #9
Retail Sector #36
Overall #902
Operating Income Y/Y Growth Statistics
High Average Low
111.55 % 2.98 % -56.99 %
(May 01 2021)   (Jan 28 2023)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Target's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
391.45 % 10.71 % -76.15 %
(Aug 01 2020)  


TGT's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2024 Target Corporation disclosed fall in Operating Income from the previous quarter by -30.51% to $ 1,296.00 millions, from $ 1,865.00 millions declared in the previous reporting period.

Albeit periodic influence usually fuel I. Quarter 2024 performance, that simply was not enough to rescue Target's performance, Sofie Peeters, Retail sector observer situated in Frankfurt wrote.

Within Wholesale industry 10 other companies have achieved higher Operating Income quarter on quarter growth. While Target's Operating Income growth quarter on quarter, overall rank is 1248.


Operating Income Q/Q Growth Company Ranking
Within: No.
Wholesale Industry #11
Retail Sector #53
Overall #1248
Operating Income Q/Q Growth Company Ranking
Within: No.
Wholesale Industry #11
Retail Sector #53
Overall #1248
Operating Income Q/Q Growth Statistics
High Average Low
391.45 % 10.71 % -76.15 %
(Aug 01 2020)  


TGT's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2024 Target Corporation disclosed fall in Operating Income from the previous quarter by -30.51% to $ 1,296.00 millions, from $ 1,865.00 millions released in the previous quarter.

Those seasonal influence were not able to salvage the I. Quarter for the Target Corporation, Sofie Peeters, Retail sector observer situated in Frankfurt pointed out, she identified additional difficulties down the road for TGT and mentioned that average sequential Operating Income growth is at 10.71% for TGT.

Within Wholesale industry 10 other companies have achieved higher Operating Income quarter on quarter growth. While Target's Operating Income growth quarter on quarter, overall rank is 1248.


Target's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(May 04 2024)
12 Months Ending
(Feb 03 2024)
12 Months Ending
(Oct 28 2023)
12 Months Ending
(Jul 29 2023)
12 Months Ending
(Apr 29 2023)
Cumulative Operating Income 12 Months Ending $ 5,675.00 $ 5,707.00 $ 5,001.00 $ 4,706.00 $ 3,830.00
Y / Y Operating Income Growth (TTM) 48.17 % 48.31 % 4.54 % -18.47 % -51.63 %
Year on Year Operating Income Growth Overall Ranking # 1597 # 1459 # 1719 # 1785 # 1322
Seqeuential Operating Income Change (TTM) -0.56 % 14.12 % 6.27 % 22.87 % -0.47 %
Seq. Operating Income Growth (TTM) Overall Ranking # 929 # 1153 # 1385 # 1722 # 1424




Cumulative Operating Income growth Comment
Assuming the Target's fiscal year would have ended in May 04 2024, Target would have reprted above average annual Operating Income growth of 48.17% year on year, of $ 5,675 millions.
This marks a slow-down of the companys growth trends and from the 48.31% increase in Feb 03 2024.

In the Retail sector 78 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 1459 to 1597.

Operating Income TTM Q/Q Growth Statistics
High Average Low
111.55 %
2.98 %
-56.99 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Wholesale Industry # 9
Retail Sector # 79
Overall # 1597

Operating Income TTM Y/Y Growth Statistics
High Average Low
111.55 %
2.98 %
-56.99 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 9
Sector # 38
S&P 500 # 929
Cumulative Operating Income growth Comment
Assuming the Target's fiscal year would have ended in May 04 2024, Target would have reprted above average annual Operating Income growth of 48.17% year on year, of $ 5,675 millions.
This marks a slow-down of the companys growth trends and from the 48.31% increase in Feb 03 2024.

In the Retail sector 78 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 1459 to 1597.

Operating Income TTM Q/Q Growth Statistics
High Average Low
111.55 %
2.98 %
-56.99 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Wholesale Industry # 9
Retail Sector # 79
Overall # 1597

Operating Income TTM Y/Y Growth Statistics
High Average Low
111.55 %
2.98 %
-56.99 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 9
Sector # 38
S&P 500 # 929




Other Operating Income Growth
Wholesale Industry Operating Income Growth Trends and Statistics
Retail Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
TGT's Operating Income Growth Ratio versus Wholesale Industry, Retail Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for TGT's Competitors
Operating Income Growth for Target's Suppliers
Operating Income Growth for TGT's Customers

You may also want to know
TGT's Annual Growth Rates TGT's Profitability Ratios TGT's Asset Turnover Ratio TGT's Dividend Growth
TGT's Roe TGT's Valuation Ratios TGT's Financial Strength Ratios TGT's Dividend Payout Ratio
TGT's Roa TGT's Inventory Turnover Ratio TGT's Growth Rates TGT's Dividend Comparisons



Companies with similar Operating Income increase for the quarter ending May 04 2024 within Retail SectorY/Y Change %Operating Income for the quarter ending May 04 2024
The Kroger Co -11.97%$ -11.973 millions
Lowe s Companies inc -19.31%$ -19.313 millions
Dollar General Corp oration-26.29%$ -26.288 millions
Carmax Inc -54.08%$ -54.077 millions
Jewett cameron Trading Company Ltd-95.56%$ -95.556 millions




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