TGT Q1 2022 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$55B

Q1 2022 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$25.2B+4.0% YoY

Gross Profit

$6.7B26.7% margin

Operating Income

$1.3B5.3% margin

Net Income

$1.0B4.0% margin

EPS (Diluted)

$2.16

QoQ Revenue Growth

-18.8%

Cash Flow

Operating Cash Flow

-$1.4B

Free Cash Flow

-$2.3B

Stock-Based Comp.

$83M

Balance Sheet

Total Assets

$50.8B

Total Liabilities

$40.1B

Stockholders' Equity

$10.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25.2B	$24.2B	+4.0%
Gross Profit	$6.7B	$7.5B	-10.3%
Operating Income	$1.3B	$2.4B	-43.3%
Net Income	$1.0B	$2.1B	-51.9%

Revenue Segments

Beauty and Household Essentials

$7.1B28%

Food and Beverage

$5.5B22%

Home Furnishings and Decor

$4.3B17%

Apparel and Accessories

$4.2B17%

Hardlines

$3.7B15%

Other Products and Services

$340M1%

Credit Card Profit Sharing

$185M1%

Other, Other Revenue

$155M1%

Other Product

$49M0%