Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of January 30, 2021, the company operated approximately 1,897 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.
IPO Year:
Exchange: NYSE
Website: corporate.target.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/5/2025 | $150.00 → $145.00 | Outperform | Telsey Advisory Group |
2/13/2025 | Buy → Hold | Gordon Haskett | |
11/26/2024 | $170.00 → $130.00 | Outperform → Neutral | Daiwa Securities |
11/21/2024 | $195.00 → $150.00 | Outperform | Telsey Advisory Group |
11/20/2024 | $138.00 | Buy → Hold | HSBC Securities |
11/20/2024 | $108.00 | Buy → Hold | Deutsche Bank |
11/20/2024 | $130.00 | Buy → Neutral | Citigroup |
10/22/2024 | $168.00 | Mkt Perform | Bernstein |
8/26/2024 | $170.00 | Neutral → Outperform | Daiwa Securities |
8/22/2024 | $158.00 → $160.00 | In-line | Evercore ISI |
Accelerations in digital experience, newness and value, speed and reliability will amplify the everyday discovery and delight that differentiates the brand MINNEAPOLIS, March 4, 2025 /PRNewswire/ -- At its financial community meeting today, Target Corporation (NYSE:TGT) outlined how ongoing investments will aim to accelerate its strategy and drive billions of dollars of profitable sales growth across its multi-channel business by 2030. The plans include: Bringing consumers an on-trend and affordable assortment packed with style, newness and valueReinforcing Target as the destination for discovery by further blending its one-of-a-kind physical, digital and social commerce shopping experiences
NEW YORK, March 4, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Trinity Chavez delivers the pre-market update on March 4th Target (NYSE: TGT) earnings beat Q4 expectations, led by increase in comparable salesBest Buy (NYSE: BBY) beats Q4 estimates, sees sales uptick and dividend boostStock futures are edging higher, recovering from yesterday's declinesWatch NYSE TV Live every weekday 9:00-10:00am ET
Note: In this release financial results in fiscal 2024, a 52-week year, are being compared with fiscal 2023, a 53-week year. On that basis, full-year 2024 Net Sales1 declined 0.8 percent, and GAAP & Adjusted EPS2 declined 0.9 percent.Based on the Company's estimate of the impact of the extra week in 2023, Target's 2024 full-year Net Sales increased approximately 1 percent and earnings per share were nearly 3 percent higher than in 2023 on a 52-week basis.Q4 2024 Highlights Fourth quarter comparable sales growth of 1.5 percent reflected strong traffic and digital performance.Comp sales trends in Apparel and Hardlines accelerated by nearly four percentage points as compared to the third
MINNEAPOLIS, March 3, 2025 /PRNewswire/ -- Target Corporation (NYSE:TGT) plans to release its fourth quarter and full-year 2024 financial results the morning of March 4. Later that morning the company will webcast its meeting with the financial community beginning at 9:00 a.m., Eastern time. At the meeting, members of Target's leadership team will discuss the Company's strategic and financial plans, and provide their perspective on the business environment and strategic opportunities in 2025 and beyond. Investors and others can access the presentations and Q&A session online at https://corporate.target.com/investors (click on the link under "Events & Presentations"). The webcast will be arch
New Warby Parker at Target shop-in-shops will offer guests designer-quality eyewear as well as contacts and eye exams Five shop-in-shops will debut in 2025 with plans to open more in the years aheadMINNEAPOLIS and NEW YORK, Feb. 27, 2025 /PRNewswire/ -- Target Corporation (NYSE:TGT) and Warby Parker (NYSE:WRBY) are partnering to bring designer-quality, affordable eyewear to even more consumers through the retailer's newest shop-in-shop, Warby Parker at Target. Each Warby Parker at Target shop-in-shop will offer products and services — including glasses, sunglasses, contacts, e
Q4 net revenue increased 17.8% year over year; 2024 net revenue increased 15.2% year over year Active Customers increased 7.8% on a trailing 12-month basis Warby Parker Inc. (NYSE:WRBY) ("Warby Parker" or the "Company"), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the fourth quarter and full year ended December 31, 2024. "Our strong 2024 results highlight the power of Warby Parker's brand and unmatched value proposition combined with our team's high-quality execution. We delivered on our ambitious goals to accelerate revenue growth, customer growth and glasses growth, all while maintaining operational discipline and expanding p
The multi-year partnership will launch with more than 500 items spanning apparel, accessories and sporting goods for adults and kids The first Champion collection for Target launches in AugustMINNEAPOLIS, Feb. 26, 2025 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced a strategic partnership with the original American sportswear brand, Champion. The Champion collection for Target will offer a fresh take on Champion's signature look featuring a unique line of high-quality, trend-forward activewear and sporting goods for adults and kids. The line will be available in Target stores and on Target.com beginning in August. "When you combine Champion's legacy in sportswear with Target'
Greece's #1 Suncare Brand to Hit Shelves at Major Retailer in Early 2025 MIAMI, Feb. 6, 2025 /PRNewswire/ -- Carroten, Greece's #1 suncare brand, announces its U.S. brick-and-mortar debut via Target Corporation (NYSE:TGT). Beginning February 2, 2025, Carroten's best-selling Intensive Tanning Gel and Gold Shimmer Intensive Tanning Gel will be available in the Suncare department at all Target locations nationwide and on Target.com. This launch introduces Target consumers to Carroten's trusted suncare formulations, combining adequate skin hydration with a sun-kissed glow. The ta
Davidson Bogel Real Estate ("DB2RE") is proud to announce its successful representation of Kroger (NYSE:KR) in the acquisition of a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners. The 14-acre site, located at US 380 and FM 2931, in one of the fastest-growing communities in North Texas, allows for Kroger to enhance its retail presence and serve the expanding population of Little Elm and surrounding areas with quality grocery offerings. Edward Bogel, Ryan Turner, and David Davidson Jr. of Davidson Bogel represented Kroger in the transaction. Dollar-Flowers was represented internally by Stewart Flowers. Kroger's acquisition follows a recen
MINNEAPOLIS, Jan. 15, 2025 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.12 per common share. The dividend is payable March 1, 2025 to shareholders of record at the close of business February 12, 2025. The 1st quarter dividend will be the company's 230th consecutive dividend paid since October 1967 when the company became publicly held. About TargetMinneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars
Telsey Advisory Group reiterated coverage of Target with a rating of Outperform and set a new price target of $145.00 from $150.00 previously
Gordon Haskett downgraded Target from Buy to Hold
Daiwa Securities downgraded Target from Outperform to Neutral and set a new price target of $130.00 from $170.00 previously
Telsey Advisory Group reiterated coverage of Target with a rating of Outperform and set a new price target of $150.00 from $195.00 previously
HSBC Securities downgraded Target from Buy to Hold and set a new price target of $138.00
Deutsche Bank downgraded Target from Buy to Hold and set a new price target of $108.00
Citigroup downgraded Target from Buy to Neutral and set a new price target of $130.00
Bernstein initiated coverage of Target with a rating of Mkt Perform and set a new price target of $168.00
Daiwa Securities upgraded Target from Neutral to Outperform and set a new price target of $170.00
Evercore ISI reiterated coverage of Target with a rating of In-line and set a new price target of $160.00 from $158.00 previously
NEW YORK, March 4, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Trinity Chavez delivers the pre-market update on March 4th Target (NYSE: TGT) earnings beat Q4 expectations, led by increase in comparable salesBest Buy (NYSE: BBY) beats Q4 estimates, sees sales uptick and dividend boostStock futures are edging higher, recovering from yesterday's declinesWatch NYSE TV Live every weekday 9:00-10:00am ET
Note: In this release financial results in fiscal 2024, a 52-week year, are being compared with fiscal 2023, a 53-week year. On that basis, full-year 2024 Net Sales1 declined 0.8 percent, and GAAP & Adjusted EPS2 declined 0.9 percent.Based on the Company's estimate of the impact of the extra week in 2023, Target's 2024 full-year Net Sales increased approximately 1 percent and earnings per share were nearly 3 percent higher than in 2023 on a 52-week basis.Q4 2024 Highlights Fourth quarter comparable sales growth of 1.5 percent reflected strong traffic and digital performance.Comp sales trends in Apparel and Hardlines accelerated by nearly four percentage points as compared to the third
Q4 net revenue increased 17.8% year over year; 2024 net revenue increased 15.2% year over year Active Customers increased 7.8% on a trailing 12-month basis Warby Parker Inc. (NYSE:WRBY) ("Warby Parker" or the "Company"), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the fourth quarter and full year ended December 31, 2024. "Our strong 2024 results highlight the power of Warby Parker's brand and unmatched value proposition combined with our team's high-quality execution. We delivered on our ambitious goals to accelerate revenue growth, customer growth and glasses growth, all while maintaining operational discipline and expanding p
Davidson Bogel Real Estate ("DB2RE") is proud to announce its successful representation of Kroger (NYSE:KR) in the acquisition of a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners. The 14-acre site, located at US 380 and FM 2931, in one of the fastest-growing communities in North Texas, allows for Kroger to enhance its retail presence and serve the expanding population of Little Elm and surrounding areas with quality grocery offerings. Edward Bogel, Ryan Turner, and David Davidson Jr. of Davidson Bogel represented Kroger in the transaction. Dollar-Flowers was represented internally by Stewart Flowers. Kroger's acquisition follows a recen
MINNEAPOLIS, Jan. 15, 2025 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.12 per common share. The dividend is payable March 1, 2025 to shareholders of record at the close of business February 12, 2025. The 1st quarter dividend will be the company's 230th consecutive dividend paid since October 1967 when the company became publicly held. About TargetMinneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars
MINNEAPOLIS, Nov. 20, 2024 /PRNewswire/ -- Third quarter comparable sales increased 0.3 percent, driven by strong traffic and digital performance.Guest traffic grew 2.4 percent over the prior year.Digital comparable sales grew 10.8 percent reflecting nearly 20 percent growth in same-day delivery powered by Target Circle 360™ and double digit growth in Drive Up. Beauty comparable sales grew more than 6 percent. Food & Beverage and Essentials categories grew low-single digits compared to the prior year.Third quarter gross margin rate was down 0.2 percentage points to the prior year. Year-to-date, gross margin rate has expanded by a full percentage point compared to last year.Third quarter GAAP
MINNEAPOLIS, Nov. 19, 2024 /PRNewswire/ -- WHAT: Target Corporation's (NYSE:TGT) webcast of its third quarter earnings conference call. WHEN: Wednesday, November 20, 2024 - 7:00 a.m. central time HOW: Investors and the media are invited to listen to the call through the company's website at Corporate.Target.com/Investors (click on the link under "Events & Presentations") WHO: Minneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information c
MINNEAPOLIS, Sept. 18, 2024 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.12 per common share. The dividend is payable December 10, 2024 to shareholders of record at the close of business November 20, 2024. The 4th quarter dividend will be the company's 229th consecutive dividend paid since October 1967 when the company became publicly held. About TargetMinneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dol
MINNEAPOLIS, Aug. 21, 2024 PRNewswire/ -- Second quarter comparable sales increased 2.0 percent, at the high end of the Company's expectations.Traffic grew 3 percent in the second quarter as compared to the prior year, with all six core merchandising categories delivering traffic growth.Digital comparable sales grew 8.7 percent. Same-day services saw double digit growth, led by low teens growth in Drive Up and Target Circle 360™ same-day delivery.Discretionary sales trends continued to improve meaningfully, with Apparel comparable sales growing more than 3 percent in the quarter.Second quarter operating income margin rate of 6.4 percent grew 160 basis points compared to the prior year, driv
MINNEAPOLIS, Aug. 20, 2024 /PRNewswire/ -- WHAT: Target Corporation's (NYSE:TGT) webcast of its second quarter earnings conference call. WHEN: Wednesday, August 21, 2024 - 7:00 a.m. central time HOW: Investors and the media are invited to listen to the call through the company's website at Corporate.Target.com/Investors (click on the link under "Events & Presentations") WHO: Minneapolis-based Target Corporation (NYSE:TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information ca
8-K - TARGET CORP (0000027419) (Filer)
8-K - TARGET CORP (0000027419) (Filer)
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A highly skilled leader with more than 25 years of financial, strategy and business experience at PepsiCo, Lee will oversee Target's finance function and join its leadership teamLee succeeds Michael Fiddelke, Target's chief operating officerMINNEAPOLIS, Sept. 19, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced that Jim Lee has been named chief financial officer and a member of its leadership team effective Sept. 22. In his new role, Lee will be responsible for financial planning and analysis, finance capabilities, internal audit, accounting, investor relations, treasury, tax, risk, financial products and services and corporate development. He succeeds Michael Fiddelke, Tar
Members of the free-to-join Target Circle program can save early on back-to-school essentials including 30% off select backpacks and kids' school uniforms throughout Target Circle Week, the retailer's biggest sale of the seasonTarget Circle members can access deep savings of up to 50% off select toys, up to 40% off kitchen items and 30% off family apparel, bedding and bathConsumers can join the retailer's new paid subscription, Target Circle 360, for just $49 (reg. $99) if they sign up between July 7-13MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced that its biggest sale of the season, Target Circle Week, is returning July 7-13, featuring savings on s
MINNEAPOLIS, June 25, 2024 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced it has named Christina Hennington, currently chief growth officer, as chief strategy and growth officer, and Rick Gomez, currently chief food, essentials and beauty officer, as chief commercial officer, overseeing Target's merchandising business, both effective July 7. Lisa Roath, Target's chief marketing officer, will take on the role of chief merchandising officer of food, essentials and beauty in early 2025. The company is initiating an external search for its next chief marketing officer and, until a successor is named, Roath will remain in full capacity as chief marketing officer.
MINNEAPOLIS, June 14, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced voting results from its 2024 Annual Meeting of Shareholders held on June 12, 2024 ("Annual Meeting"). Shareholders elected all 12 nominees for the board of directors, ratified the appointment of Target's independent registered public accounting firm, approved the advisory "Say on Pay" management proposal, and rejected five shareholder proposals. The Carideo Group, the independent Inspector of Election, has certified all voting results for the Annual Meeting. The final tabulation indicates that 406,377,944 shares were voted, representing approximately 87.8 percent of Target's outstanding shares as of the
Target Circle Week returns April 7-13 with up to 40% off hundreds of thousands of spring items plus one day-only 10% off Target GiftCards dealTarget Circle Week kicks off the launch of the retailer's new Target Circle program, offering three new membership options to help members save even more during Target Circle Week and beyondActress Kristen Wiig shines as her favorite "Saturday Night Live" character, Target Lady, in a national Target Circle Week advertising campaign MINNEAPOLIS, April 2, 2024 /PRNewswire/ -- Target Corporation today announced Target Circle Week will return April 7-13. The member-favorite event, which is set to deliver two times more savings than the retailer's fall Tar
MINNEAPOLIS, June 15, 2023 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced voting results from its 2023 Annual Meeting of Shareholders held on June 14, 2023 ("Annual Meeting"). Shareholders elected 12 members of the board of directors, ratified the appointment of Target's independent registered public accounting firm, approved the advisory "Say on Pay" management proposal, approved "1 Year" for the advised frequency of Target's Say on Pay votes, and rejected one shareholder proposal. The Carideo Group, the independent Inspector of Election, has certified all voting results for the Annual Meeting. The final tabulation indicates that 410,847,268 million shares were voted, represe
MINNEAPOLIS, March 14, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. ("Tactile Medical"; the "Company") (NASDAQ:TCMD), a medical technology company providing therapies for people with chronic disorders, today announced the appointment of Elaine Birkemeyer to the position of Chief Financial Officer, effective March 20, 2023. Ms. Birkemeyer will succeed Brent Moen, who is retiring. "Elaine is a dynamic and purpose-driven leader with over 25 years of experience in finance, accounting, and business strategy, including extensive senior leadership experience at multiple Fortune 500 companies, leading large divisions within the healthcare, consumer and retail industries," said Da
National Storage Affiliates Trust ("NSA" or the "Company") (NYSE:NSA), today announced its Board of Trustees has elevated Tamara Fischer, Chief Executive Officer, to Executive Chair, effective April 1, 2023. Tammy has served as an officer of NSA since its IPO in 2015 and as its CEO and member of the Board of Trustees of NSA since 2020. As part of this planned transition of responsibilities, effective April 1, 2023, David Cramer will be appointed Chief Executive Officer, in addition to his current role as President. Arlen Nordhagen will remain on the Board and will transition to Vice Chair, from his current role as Executive Chairman. Dave Cramer joined NSA in April 2020, and currently ser
MINNEAPOLIS, June 14, 2022 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced voting results from its 2022 Annual Meeting of Shareholders held on June 8, 2022. Shareholders elected 12 members of the board of directors, ratified the appointment of Target's independent registered public accounting firm, approved the "Say on Pay" management proposal, and rejected two shareholder proposals. The Carideo Group, the independent Inspector of Election, has certified all voting results for the Annual Meeting. The final tabulation indicates that 400,324,619 million shares were voted, representing approximately 86.3 percent of Target's outstanding shares. The final tabulation of votes for eac
MINNEAPOLIS, May 5, 2022 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced a number of updates to its leadership team. This includes a new role for the company, focused on further differentiating the retailer's end-to-end guest experience. "Guided by our purpose of helping all families discover the joy of everyday life and fueled by the most talented, committed team in retail, Target has experienced tremendous growth over the past two years," said Brian Cornell, chairman and CEO, Target. "The updates we're making to our leadership team reflect the size and scale of our more than $100 billion business, while also positioning the company for continued momentum well into the future.