TGT Q4 2023 Earnings — Target Corporation Revenue & Financial Results | Market Cap Arena

TGTTarget Corporation

$55B

Q4 2023 Earnings

Consumer Defensive Discount Stores

Income Statement

Revenue

$31.9B+1.7% YoY

Gross Profit

$8.5B26.7% margin

Operating Income

$1.9B5.8% margin

Net Income

$1.4B4.3% margin

EPS (Diluted)

$2.98

QoQ Revenue Growth

+25.7%

Cash Flow

Operating Cash Flow

$3.3B

Free Cash Flow

$2.4B

Stock-Based Comp.

$75M

Balance Sheet

Total Assets

$55.4B

Total Liabilities

$41.9B

Stockholders' Equity

$13.4B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31.9B	$31.4B	+1.7%
Gross Profit	$8.5B	$7.4B	+14.3%
Operating Income	$1.9B	$1.2B	+60.9%
Net Income	$1.4B	$876M	+57.8%

Revenue Segments

Beauty and Household Essentials

$8.5B26%

Food and Beverage

$6.8B21%

Hardlines

$6.2B19%

Home Furnishings and Decor

$5.5B17%

Apparel and Accessories

$4.4B14%

Other Products and Services

$452M1%

Other, Other Revenue

$293M1%

Credit Card Profit Sharing

$159M0%

Other Product

$87M0%