TGT Q3 2021 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$54B

Q3 2021 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$25.7B+13.3% YoY

Gross Profit

$7.4B29.0% margin

Operating Income

$2.0B7.8% margin

Net Income

$1.5B5.8% margin

EPS (Diluted)

$3.04

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$2.2B

Free Cash Flow

$1.0B

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$54.4B

Total Liabilities

$40.6B

Stockholders' Equity

$13.8B

Cash & Equivalents

$5.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25.7B	$22.6B	+13.3%
Gross Profit	$7.4B	$7.1B	+4.5%
Operating Income	$2.0B	$1.9B	+3.9%
Net Income	$1.5B	$1.0B	+46.7%

Revenue Segments

Beauty and Household Essentials

$7.0B27%

Food and Beverage

$5.1B20%

Home Furnishings and Decor

$5.0B19%

Apparel and Accessories

$4.4B17%

Hardlines

$3.8B15%

Other Products and Services

$362M1%

Credit Card Profit Sharing

$184M1%

Other, Other Revenue

$178M1%

Other Product

$42M0%