Target Corp

NYSE:TGT   3:59:57 PM EDT
238.53
-2.91 (-1.20%)
4:12:50 PM EDT: $238.12 -0.41 (-0.17%)
Share Repurchases, Other Pre-Announcement

Target Reports Q2 GAAP EPS Of $3.65, Q2 Adjusted EPS Of $3.64

Published: 08/18/2021 10:44 GMT
Target Corp (TGT) - Target - Q2 GAAP EPS $3.65; Q2 Adjusted EPS $3.64; Q2 Total Revenue $25.16 Billion, Up 9.5%.
Target - Q2 Comp Sales Grew 8.9%; Q2 Digital Comp Sales Grew 10%.
Target - Q2 Store Comparable Sales Increased 8.7%.
Target - Board Approved a New, $15 Billion Share Repurchase Program.
Target - More Than 95% of Q2 Sales Were Fulfilled by Its Stores.
Q2 Earnings per Share View $3.49, Revenue View $25.08 Billion -- Refinitiv Ibes Data (analyst estimates).
Target - Q2 Comparable Sales Growth Was Driven Entirely by Traffic.
Target Sees Strong Start to Back-to-school and College Season to Continue Into Q3.
Target - for H2 2021, Expects High Single Digit Growth in Comp Sales, Near High End of Previous Guidance Range.
Target - Now Expects FY Operating Income Margin Rate Will Be 8% Or Higher.
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