OverviewSuggest Edit
Target is a general merchandise retailer. The company offers food assortment, including perishables, dry grocery, dairy, and frozen items. It also provides beauty and household essentials, including beauty products, personal and baby care products, cleaning products, paper products, and pet supplies. In addition, Target distributes apparel for women, men, children, intimate apparel, jewelry, accessories, and shoes, as well as home furnishings and decor comprising furniture.
| Type | Public | |
| Founded | 1902 | |
| HQ | Minneapolis, MN, US | Map |
| Website | target.com | |
| Overall Culture | C- | More |
Key People/Management at Target
Brian Cornell
Board Chairman and CEO
John J. Mulligan
Executive Vice President and Chief Operating Officer
Stephanie Lundquist
Executive Vice President and President of Food and Beverage
Rick Gomez
Executive Vice President and Chief Food and Beverage Officer
Michael E. McNamara
Executive Vice President, Chief Information Officer
Christina Hennington
Executive Vice President and Chief Growth Officer
Target Office Locations
Target has offices in Minneapolis, Brooklyn Park, Pittsburgh, San Francisco and in 3 other locations
Minneapolis, MN, US (HQ)
1000 Nicollet Mall
Brooklyn Park, MN, US
7000 Target Pkwy
Pittsburgh, PA, US
2555 Smallman St #150
San Francisco, CA, US
101 Howard St #350, San Francisco
Sunnyvale, CA, US
100 Mathilda Pl
Tempe, AZ, US
8550 S Priest Dr
Target Financials and Metrics
Target Revenue
Target's revenue was reported to be $78.11 b in FY, 2019 which is a 3.7% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 22.6b |
Gross profit (Q3, 2020) | 7.1b |
Gross profit margin (Q3, 2020), % | 31.5% |
Net income (Q3, 2020) | 1.0b |
EBIT (Q3, 2020) | 1.9b |
Market capitalization (23-Jul-2021) | 127.1b |
Closing stock price (23-Jul-2021) | 261.0 |
Cash (31-Oct-2020) | 6.0b |
EV | 136.0b |
Target's current market capitalization is $127.1 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 718.0m | 1.5b | 2.1b | 795.0m | 1.7b | 2.4b | 284.0m | 2.0b | 3.0b |
Depreciation and Amortization | 631.0m | 1.2b | 1.8b | 644.0m | 1.3b | 1.9b | 641.0m | 1.2b | 1.8b |
Inventories | (55.0m) | (515.0m) | (3.8b) | 438.0m | 375.0m | (1.9b) | 408.0m | 116.0m | (3.7b) |
Accounts Payable | (604.0m) | 342.0m | 3.3b | (1.4b) | (731.0m) | 1.5b | (280.0m) | 795.0m | 4.3b |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 208.3k |
Debt/Equity | 1 x |
Debt/Assets | 0.3 x |
Financial Leverage | 3.3 x |
Target Operating Metrics
Target's Stores was reported to be 1.9 k in Q3, 2020.
| Q1, 2014 | Q2, 2014 | Q3, 2014 | Q4, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Stores | 1.79 k | 1.8 k | 1.8 k | 1.79 k | 1.8 k | 1.8 k | 1.81 k | 1.79 k | 1.79 k | 1.8 k | 1.8 k | 1.8 k | 1.81 k | 1.82 k | 1.83 k | 1.82 k | 1.83 k | 1.84 k | 1.85 k | 1.84 k | 1.85 k | 1.85 k | 1.86 k | 1.87 k | 1.87 k | 1.87 k | 1.9 k |
Retail Space, sq. ft. | 239.54 m | 240.31 m | 241.14 m | 239.96 m | 240.41 m | 240.74 m | 241.08 m | 239.54 m | 239.58 m | 239.72 m | 239.65 m | 239.5 m | 239.78 m | 240.08 m | 240.63 m | 239.36 m | 239.69 m | 239.85 m | 240.26 m | 239.58 m | 239.8 m | 239.69 m | 240.26 m | 240.52 m | 240.58 m | 240.58 m | 241.65 m |
Distribution Centers | 38 | 40 | 40 | 41 | 40 | 42 | |||||||||||||||||||||
Stores Opened | 5 | 9 | 12 | 6 | 7 | 6 | 12 | 4 | 7 | 4 | 9 | 6 | 3 | 27 |
Target Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Deliv | May 08, 2020 | |
| Shipt | December 13, 2017 | $550 m |
| Grand Junction | August 14, 2017 | |
| Sonia Kashuk | September 22, 2015 | |
| A Bullseye View | March 18, 2015 | |
| PoweredAnalytics | November 20, 2014 | |
| DermStore | August 06, 2013 | |
| Chefs Catalog | March 14, 2013 | |
| Cooking.com | March 14, 2013 | |
| Fedco | July 09, 1999 |
Target Revenue Breakdown
Target revenue breakdown by business segment: 18.5% from Home Furnishings and Décor, 16.1% from Hardlines, 19.3% from Food and Beverage, 26.4% from Beauty and Household Essentials, 18.3% from Apparel and Accessories and 1.4% from Other
Target Environment, Social & Governance (ESG) Ratings
Target Online and Social Media Presence
2.12m Twitter followers
Target has 2.12m Twitter Followers. The number of followers has increased 0.1% month over month and decreased 0.4% quarter over quarter
Target's Trends
Twitter Engagement Stats for @Target
91.5k
Tweets
2.6k
Following
2.1m
Followers
684
Tweets last 30 days
25.7
Avg. likes per Tweet
74.3%
Tweets with engagement
Target Company Culture
Overall Culture
C-
68/100
CEO Rating
C
70/100
Compensation
C-
66/100
Target News and Updates
February 08, 2021
Target’s activewear brand hits $1 billion in sales, as retailer gains ground in apparel
Activewear line All in Motion is Target’s latest brand to generate $1 billion in annual sales
February 08, 2021
Target Corporation – Consensus Indicates Potential 4.9% Upside
Target Corporation found using ticker (TGT) now have 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 193 and 83.27 with the average target price sitting at 165.77. Now with the previous closing price of 158.07 this indicates there is a potentia…
February 05, 2021
Old Kmart building sold to Target; no new details on future plans
Ownership of the former Kmart building has been transferred to Target, marking another step towards the long-awaited big box retailer coming to the Outer Banks.
Transformco Properties announced on Jan. 15 it had completed the sale and assignment of the lease for 1091 North Croatan Highway in Kill…
February 02, 2021
Target expands Black History Month collection
Target has expanded its Black History Month collection, including items from Black-owned businesses and those designed by winners from the retailer's inaugural Historically Black Colleges and Universities Design Challenge
January 27, 2021
Target Corporation (TGT) Dips 5.02% for January 27
Among the S&P 500’s biggest fallers on Wednesday January 27 was Target Corporation (TGT). The stock experienced a 5.02% decline to $178.28 with 6.95 million shares changing hands.
Target Corporation started at an opening price of 187.61 and hit a high of $187.70 and a low of $176.82. Ultimate…
January 26, 2021
Target to give its 375,000 employees $500 bonus checks
Target Corp. on Monday announced it is handing out more than $200 million in bonuses to its 375,000 employees, the fifth time the Minneapolis-based retailer has rewarded its workers with checks since the coronavirus pandemic hit.
Hourly store workers and employees in distribution centers, headqua…
Target Frequently Asked Questions
When was Target founded?
Target was founded in 1902.
Who are Target key executives?
Target's key executives are Brian Cornell, John J. Mulligan and Stephanie Lundquist.
How many employees does Target have?
Target has 368,000 employees.
What is Target revenue?
Latest Target annual revenue is $78.1 b.
What is Target revenue per employee?
Latest Target revenue per employee is $212.3 k.
Who are Target competitors?
Competitors of Target include Dollar General, Best Buy and Kroger.
Where is Target headquarters?
Target headquarters is located at 1000 Nicollet Mall, Minneapolis.
Where are Target offices?
Target has offices in Minneapolis, Brooklyn Park, Pittsburgh, San Francisco and in 3 other locations.
How many offices does Target have?
Target has 7 offices.
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