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

The profit margin has contracted substantially in 2022. While the improving macroeconomic environment may improve profitability, inventory management is likely to offset the benefits in the near term. Better inventory management is also needed to improve the quick ratio, which has also fallen sharply in 2022. We would like to see TGT's financial flexibility improving in general.

The Reasons We Are Downgrading Target To Hold

Target is a 55-year dividend aristocrat champion with an admirable 5-year dividend growth rate of 10.5% and yield of 2.5%. FAST Graphs charts are used to show earnings, valuation, P/E, dividends, and a price target recommendation.

Price Target Aim On Target

Burlington Stores

Costco

Better pricing, effective inventory management and operational initiatives should drive Retail-Discount Stores companies. Costco (COST), The TJX Companies (TJX), Target (TGT) and Burlington Stores (BURL) look well placed.

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Stanley Black & Decker

Sysco

Tennant

V.F.

The 49 Dividend Kings started the new year on a positive note, collectively gaining 3.10% in January. The 11 best dividend kings selected for January, based on forecasted growth and valuation, outperformed the average dividend king return by 264 bps.

My 11 Best Dividend Kings For February 2023

Archer-Daniels-Midland Company

Automatic Data Processing

Applied Materials

Broadcom

BHP Billiton

Blackrock Inc

Cigna

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Chevron

Enterprise Products Partners

Johnson & Johnson

Lennar

MPLX

Merck

Morgan Stanley

Microsoft

NRG Energy

Pioneer Natural Resources

QUALCOMM

This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms. It's always a good idea to keep your wish list ready by separating the wheat from the chaff.

5 Relatively Safe And Cheap Dividend Stocks To Invest In - February 2023

Verizon

Walmart

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Aflac

Conagra Brands

Humana

Intel

The S&P 500 just rallied in January — following a nasty previous year. That's exactly the setup some investors are saying portends a bullish 2023 — and a handful of stocks especially thrive when it happens.

6 Stocks Win From This Bullish Anomaly Everyone Is Talking About

Bed Bath & Beyond Inc (NASDAQ: BBBY), on Friday, confirmed that it doesn't have sufficient funds to repay its debt. Shares are still slightly in the green this morning.

This retailer stands to benefit from Bed Bath & Beyond bankruptcy

Eli Lilly

These two top dividend stocks won't keep you up at night.

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Passive income is particularly welcome during tough market times.

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Amazon

Is now a good time to add these undervalued names to your watchlist?

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Abbott Labs

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Best Buy

Home Depot

Tractor Supply

Williams-Sonoma

Dividend growth investors want safe dividends. This article takes a look at how several top retailers fared during the GFC and how their numbers today stack up. Analysts are not currently pricing in a recession, and earnings estimates could fall significantly going forward.

As Recession Fears Loom, These Retailers' Dividends Are Well-Covered

These two retailers have what it takes to outlast a recession.

Better Buy: Costco Vs. Target Stock

Target's track record for dividend raises makes it a passive income powerhouse, even in a recession.

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Citigroup

Colgate-Palmolive

Procter & Gamble

The utility said it will boost its quarterly disbursement to 24 cents a share from 22.5 cents.

Utility PPL Raised Its Dividend This Week. Here Are 5 Who Kept Their Payouts Steady.

TGT's forward guidance does not inspire confidence at a tragic operating margin of 3%, against pre-pandemic levels of ~6% and up to ~10% in 2021. While TGT has also launched an anti-theft initiative, the unpromising early reports make it difficult to predict how the consumer in-store experience may be improved.

Target: Macroeconomic Outlook Remains Dim - Only Consider Dollar-Cost Averaging

Target had a terrible 2022, with sales growth stalling after a terrific performance during the pandemic. Its boom-and-bust retail cycle has been compressed into a few years, with margins rapidly falling in the face of an inventory glut, inflation, and rate hikes.

Target: Overvalued And Underdelivering

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Advance Auto Parts

Academy Sports and Outdoors

The retail sector could be facing a brighter outlook as signs of positivity have begun to emerge. The economy continues to struggle with inflation and a strong employment market.

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News for Target Stock (TGT)