TGT Q4 2022 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$55B

Q4 2022 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$31.4B+1.3% YoY

Gross Profit

$7.4B23.7% margin

Operating Income

$1.2B3.7% margin

Net Income

$876M2.8% margin

EPS (Diluted)

$1.89

QoQ Revenue Growth

+18.4%

Cash Flow

Operating Cash Flow

$3.5B

Free Cash Flow

$2.3B

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$53.3B

Total Liabilities

$42.1B

Stockholders' Equity

$11.2B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31.4B	$31.0B	+1.3%
Gross Profit	$7.4B	$8.2B	-9.5%
Operating Income	$1.2B	$2.1B	-44.7%
Net Income	$876M	$1.5B	-43.3%

Revenue Segments

Beauty and Household Essentials

$7.8B25%

Hardlines

$6.5B20%

Food and Beverage

$6.4B20%

Home Furnishings and Decor

$5.7B18%

Apparel and Accessories

$4.4B14%

Other Products and Services

$412M1%

Other, Other Revenue

$228M1%

Credit Card Profit Sharing

$184M1%

Other Product

$106M0%