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 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

Earnings data Q4 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

Other retailers such as Home Depot and Walmart have also spoken out about rising theft and blamed online marketplaces.

Target expects organized retail crime-fueled losses to jump by $500 million this year

Target NYSE: TGT reported a better-than-expected quarter driven by the underlying momentum within the US economy. That's the good news.

Target's Guidance Looms Over The Market

Mixed Earnings Results for Retail Sector.

Mixed Earnings Results for Retail Sector

Target Corporation (NYSE:TGT ) Q1 2023 Earnings Conference Call May 17, 2023 8:00 AM ET Company Participants John Hulbert - VP, IR Brian Cornell - Chairman & CEO Christina Hennington - Chief Growth Officer John Mulligan - Chief Operating Officer Michael Fiddelke - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo Chris Horvers - JPMorgan Michael Lasser - UBS Karen Short - Credit Suisse Rupesh Parikh - Oppenheimer Simeon Gutman - Morgan Stanley Dean Rosenblum - Bernstein Operator Ladies and gentlemen, thank you for standing by. Welcome to the Target Corporation First Quarter Earnings Release Conference Call.

Target Corporation (TGT) Q1 2023 Earnings Call Transcript

Can Tar-Jay magic help the retailer keep up with T.J. Maxx and Walmart?

Target Tries to Sell 'Affordable Joy' as Consumers Pull Back

Target Inc (NYSE: TGT) is in the green this morning after reporting market-beating results for its fiscal first quarter. Pro shares her view on Target stock The retail stock is trending up also because the company reiterated its guidance for the full year.

Target Q1 earnings: ‘they're getting back on track'

While the top- and bottom-line numbers for Target (TGT) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Target (TGT) Q1 Earnings

Permits for single-family housing were up +3.1%, though starts were only +1.6%.

Housing Starts In-Line; Target (TGT), TJX Mixed in Q1

A policy response at governmental level is what is needed to combat a growing—and nationwide—issue according to the retailer.

Target's CEO Says Theft Will Affect Profitability To The Tune Of $500 Million This Year

Brazen shoplifting has been a growing problem for Target stores around the country as roving packs of bandits systematically steal merchandise.

Target expects $500M profit hit from ‘theft and organized crime'

Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Equity Metals Corporation (TSXV: EQTY) ("Equity") reported today the first assay results from its Spring 2023 core drilling program on the Company's 100% owned Silver Queen Ag-Au project, located in central British Columbia. These are samples from veins identified within the top 300 metres of the first drill hole, SQ23-079.

Equity Intersects High-Grade Silver, Including 0.3 Metres of 0.1g/t Au, 1,462g/t Ag, 2.8% Pb and 0.7% Zn (19.3g/t AuEq or 1,581g/t AgEq) in the Camp Target, Silver Queen Project, BC as Drilling Resumes on the Property

Target, the Minneapolis-based retail giant, reported another decline in quarterly profits and issued a cautious outlook for sales and profits in the current period. The company cited rising costs, including theft, and consumers' cautious spending behavior as contributing factors.

Target reports quarterly profit decline amid rising costs and theft concerns

Target (TGT) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $2.19 per share a year ago.

Target (TGT) Q1 Earnings Beat Estimates

Target's sales are slowing down

Target's sales barely grew year over year and comparable sales were flat in the fiscal first quarter.

Target tops earnings expectations, even as sales barely budge and consumers watch spending

Shoppers cut back on nonessential items as quarterly sales came in flat.

Target Earnings Squeezed by Slowdown in Sales

Walmart

Quarterly reports from big retailers will highlight this week's earnings lineup with Target (TGT) and Walmart (WMT) set to report their first-quarter results on May 17 and 18 respectively.

Time to Buy Walmart (WMT) or Target (TGT) Stock as Earnings Approach?

Home Depot

Home Depot signaled that consumers are pulling back on discretionary spending, even during the busier spring season.

Why Home Depot's weak outlook could be a warning sign for Target earnings

Amazon

Costco

Ralph Lauren

Disney

NIKE

Consumer spending is the lifeblood of the economy. It's easy to look around and see the numerous brands, products and services circulating in your household.

7 Best Retail Stocks to Invest in

American Eagle Outfitters

Gap Inc

Macy's

Skechers U.S.A.

Under Armour

Urban Outfitters

Victoria's Secret & Co

Affordability is the primary thing consumers are considering before buying something and it could lead retailers to use discounts to woo customers.

These retailers are most at risk for a margin squeeze this earnings season thanks to cautious consumers, heavy promotions

MINNEAPOLIS , May 16, 2023 /PRNewswire/ -- WHAT: Target Corporation's (NYSE: TGT) webcast of its first quarter earnings conference call. WHEN: Wednesday, May 17, 2023 - 7:00 a.m.

Target Corporation to Webcast 1st Quarter Earnings Conference Call on Wednesday, May 17, 2023

Farfetch

Lowe's

Ross Stores

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Two key inflation readings came in below expectations last week just as the markets were readying themselves for a slew of retail earnings reports.

Retailers Ready To Report Earnings Against Shaky Backdrop

Target wants to stand out on grocery quality and price, after gaining grocery shoppers during the pandemic.

Target wants shoppers to think of it for groceries as retailer braces for leaner spending

We expect Target's stock to likely trade higher past Q1 results due to revenues and earnings marginally beating expectations.

Target Stock To Likely Trade Higher Post Q1 Results

Target is expected to report a year-over-year drop in profit and a modest increase in revenue when it posts its first quarter 2023 results before the market opens on Wednesday, May 17. Higher costs amid a slowdown in consumer spending due to continued elevated inflation are expected to have weighed on the retailer's performance during the quarter.

News for Target Stock (TGT)