TGT Q3 2020 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$54B

Q3 2020 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$22.6B+21.3% YoY

Gross Profit

$7.1B31.5% margin

Operating Income

$1.9B8.5% margin

Net Income

$1.0B4.5% margin

EPS (Diluted)

$2.01

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$1.3B

Stock-Based Comp.

$57M

Balance Sheet

Total Assets

$50.7B

Total Liabilities

$37.3B

Stockholders' Equity

$13.3B

Cash & Equivalents

$6.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22.6B	$18.7B	+21.3%
Gross Profit	$7.1B	$5.7B	+24.3%
Operating Income	$1.9B	$1.0B	+93.1%
Net Income	$1.0B	$714M	+42.0%

Revenue Segments

Beauty and Household Essentials

$6.1B27%

Home Furnishings and Decor

$4.5B20%

Food and Beverage

$4.4B19%

Apparel and Accessories

$3.9B17%

Hardlines

$3.4B15%

Other Products and Services

$296M1%

Credit Card Profit Sharing

$164M1%

Other, Other Revenue

$132M1%

Other Product

$26M0%