TGT Q2 2024 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$55B

Q2 2024 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$25.5B+2.7% YoY

Gross Profit

$7.6B30.0% margin

Operating Income

$1.6B6.4% margin

Net Income

$1.2B4.7% margin

EPS (Diluted)

$2.57

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$2.2B

Free Cash Flow

$1.6B

Stock-Based Comp.

$77M

Balance Sheet

Total Assets

$56.0B

Total Liabilities

$41.6B

Stockholders' Equity

$14.4B

Cash & Equivalents

$3.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25.5B	$24.8B	+2.7%
Gross Profit	$7.6B	$7.0B	+9.3%
Operating Income	$1.6B	$1.2B	+36.6%
Net Income	$1.2B	$835M	+42.8%

Revenue Segments

Food and Beverage

$5.5B22%

Beauty and Household Essentials

$4.6B18%

Apparel and Accessories

$4.3B17%

Home Furnishings and Decor

$3.9B15%

Beauty

$3.4B13%

Hardlines

$3.3B13%

Other, Other Revenue

$287M1%

Credit Card Profit Sharing

$144M1%

Other Product

$44M0%