TGT Q3 2024 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$55B

Q3 2024 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$25.7B+1.1% YoY

Gross Profit

$7.3B28.3% margin

Operating Income

$1.2B4.6% margin

Net Income

$854M3.3% margin

EPS (Diluted)

$1.85

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$739M

Free Cash Flow

$84M

Stock-Based Comp.

$80M

Balance Sheet

Total Assets

$58.5B

Total Liabilities

$44.0B

Stockholders' Equity

$14.5B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25.7B	$25.4B	+1.1%
Gross Profit	$7.3B	$7.2B	+0.2%
Operating Income	$1.2B	$1.3B	-11.3%
Net Income	$854M	$971M	-12.0%

Revenue Segments

Food and Beverage

$5.9B23%

Beauty and Household Essentials

$4.7B18%

Home Furnishings and Decor

$4.2B16%

Apparel and Accessories

$4.0B16%

Beauty

$3.2B13%

Hardlines

$3.2B12%

Other, Other Revenue

$292M1%

Credit Card Profit Sharing

$148M1%

Other Product

$30M0%