Recap: Target Q4 Earnings

 

Shares of Target TGT moved higher by 0.0% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 57.99% year over year to $2.67, which beat the estimate of $2.54.

Revenue of $28,339,000,000 rose by 21.12% from the same period last year, which beat the estimate of $27,480,000,000.

Looking Ahead

Target hasn't issued any earnings guidance for the time being.

Target hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Mar 02, 2021

Time: 09:00 AM

ET Webcast URL: https://global.qwikcast.tv/public/QwikCast/QwikCastEvent?eventKey=6b4c8bbf-a312-434d-b17d-63f2e4bb9233

Price Action

Company's 52-week high was at $199.96

52-week low: $90.17

Price action over last quarter: Up 8.72%

Company Description

With 1,868 stores (as of the end of fiscal 2019), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (27% of fiscal 2019 sales), apparel and accessories (19%), food and beverage (19%), home furnishings and décor (19%), and hardlines (16%). Most of Target's stores are large-format, averaging roughly 130,000 square feet. The company has a significant e-commerce presence, deriving around 9% of sales from the channel. In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target's revenue is generated from the United States.

Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...