TGT Q2 2020 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$54B

Q2 2020 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$23.0B+24.7% YoY

Gross Profit

$7.3B31.8% margin

Operating Income

$2.3B10.0% margin

Net Income

$1.7B7.4% margin

EPS (Diluted)

$3.35

QoQ Revenue Growth

+17.1%

Cash Flow

Operating Cash Flow

$3.8B

Free Cash Flow

$3.2B

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$48.0B

Total Liabilities

$35.4B

Stockholders' Equity

$12.6B

Cash & Equivalents

$7.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23.0B	$18.4B	+24.7%
Gross Profit	$7.3B	$5.8B	+26.0%
Operating Income	$2.3B	$1.3B	+73.7%
Net Income	$1.7B	$938M	+80.2%

Revenue Segments

Beauty and Household Essentials

$6.2B26%

Home Furnishings and Decor

$4.6B20%

Food and Beverage

$4.2B18%

Apparel and Accessories

$4.1B18%

Hardlines

$3.6B16%

Other Products and Services

$279M1%

Credit Card Profit Sharing

$158M1%

Other, Other Revenue

$121M1%

Other Product

$35M0%