Target

OverviewSuggest Edit

Target operates as 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. Target also distributes apparel for women, men, children, intimate apparel, jewelry, accessories, and shoes, as well as home furnishings and decor comprising furniture.

TypePublic
Founded1962
HQMinneapolis, USMap
Websitetarget.com
View Jobs (10,821)

Locations

Target is headquartered in
Minneapolis, United States

Location Map
All Locations (9)

Latest Updates

Employees (est.) (Feb 2019)360,000(+5%)
Job Openings10,821
Revenue (FY, 2018)$75.4 B(+5%)
Share Price (Nov 2019)$113.2 (+2%)

Key People/Management at Target

Brian Cornell

Brian Cornell

Board Chairman and CEO
Kristi Argyilan

Kristi Argyilan

Senior Vice President and President
John J. Mulligan

John J. Mulligan

Executive Vice President and Chief Operating Officer
Katie Boylan

Katie Boylan

Senior Vice President, Digital
Rick Gomez

Rick Gomez

Executive Vice President, Chief Marketing and Digital Officer
Jeff Burt

Jeff Burt

Senior Vice President, Stores
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Target Office Locations

Target has offices in Minneapolis, Brooklyn Park, Rosemont, San Francisco and in 5 other locations
Minneapolis, US (HQ)
1000 Nicollet Mall
Brooklyn Park, US
7000 Target Pkwy
Rosemont, US
7000 Mannheim Rd
San Francisco, US
San Francisco
Bengaluru, IN
No. C-2, Manyata Embassy Business Park, Outer Ring Rd, MS Ramaiah North City, Rachenahalli, Nagavara
Show all (9)

Target Financials and Metrics

Target Revenue

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View revenue for all periods
Target's revenue was reported to be $75.36 b in FY, 2018 which is a 4.8% increase from the previous period.
USD

Revenue (Q2, 2019)

18.4b

Gross profit (Q2, 2019)

5.8b

Gross profit margin (Q2, 2019), %

31.5%

Net income (Q2, 2019)

938.0m

EBIT (Q2, 2019)

1.3b

Market capitalization (15-Nov-2019)

57.8b

Closing stock price (15-Nov-2019)

113.2

Cash (3-Aug-2019)

1.7b

EV

69.8b
Target's current market capitalization is $57.8 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

72.6b73.8b69.5b71.9b75.4b

Revenue growth, %

2%(6%)3%5%

Cost of goods sold

51.3b52.0b48.9b51.1b53.3b

Gross profit

21.3b21.8b20.6b20.8b22.1b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

17.1b17.4b17.6b16.2b16.2b16.4b16.0b16.4b16.7b16.8b17.8b17.8b17.6b18.4b

Cost of goods sold

11.9b12.1b12.4b11.2b11.1b11.5b11.1b11.4b11.7b11.6b12.2b12.5b12.2b12.6b

Gross profit

5.2b5.4b5.2b5.0b5.1b5.0b4.9b5.0b5.0b5.2b5.5b5.3b5.4b5.8b

Gross profit Margin, %

30%31%29%31%31%30%30%30%30%31%31%30%31%31%
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.2b4.0b2.5b2.6b1.6b

Inventories

8.8b8.6b8.3b8.7b9.5b

Current Assets

14.1b14.1b12.0b12.6b12.5b

PP&E

26.0b25.2b24.7b25.0b25.5b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

2.8b2.7b2.0b4.0b1.5b1.2b2.7b2.3b2.7b1.1b1.2b825.0m173.0m1.7b

Inventories

8.6b8.3b10.4b8.5b8.6b10.1b8.0b8.3b10.6b8.7b9.1b12.4b9.1b9.1b

Current Assets

13.2b13.4b15.2b13.9b11.5b12.8b11.7b11.6b14.7b10.9b11.5b14.6b11.6b12.1b

PP&E

25.8b25.6b25.5b25.0b24.9b24.9b24.7b24.9b25.1b24.8b25.2b25.6b25.7b26.0b
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.6b)3.4b2.7b2.9b2.9b

Depreciation and Amortization

2.1b2.2b2.3b2.4b2.5b

Inventories

(512.0m)(316.0m)293.0m(348.0m)(900.0m)

Accounts Payable

777.0m534.0m(543.0m)1.3b1.1b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

635.0m1.4b1.9b632.0m1.3b1.9b681.0m1.4b1.8b718.0m1.5b2.1b795.0m1.7b

Depreciation and Amortization

540.0m1.1b1.7b546.0m1.1b1.7b573.0m1.2b1.8b631.0m1.2b1.8b644.0m1.3b

Inventories

180.0m18.0m(2.1b)142.0m(29.0m)(1.5b)323.0m52.0m(2.3b)(55.0m)(515.0m)(3.8b)438.0m375.0m

Accounts Payable

(766.0m)(697.0m)1.5b(1.4b)(1.5b)103.0m(715.0m)332.0m2.7b(604.0m)342.0m3.3b(1.4b)(731.0m)
show all
USDY, 2019

EV/EBIT

52.7 x

EV/CFO

24.8 x

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x
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Target Operating Metrics

Target's Stores was reported to be 1.9 k in Q2, 2019.
Q1, 2014Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019

Stores

1.79 k1.80 k1.80 k1.79 k1.80 k1.80 k1.81 k1.79 k1.79 k1.80 k1.80 k1.80 k1.81 k1.82 k1.83 k1.82 k1.83 k1.84 k1.85 k1.84 k1.85 k1.85 k

Retail Space, sq. ft.

239.54 m240.31 m241.14 m239.96 m240.41 m240.74 m241.08 m239.54 m239.58 m239.72 m239.65 m239.50 m239.78 m240.08 m240.63 m239.36 m239.69 m239.85 m240.26 m239.58 m239.80 m239.69 k

Distribution Centers

38 40 40 41 40
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Target Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ShiptDecember 13, 2017$550 m
Grand JunctionAugust 14, 2017
Sonia KashukSeptember 22, 2015
A Bullseye ViewMarch 18, 2015
PoweredAnalyticsNovember 20, 2014
DermStoreAugust 06, 2013
Chefs CatalogMarch 14, 2013
Cooking.comMarch 14, 2013
Associated Merchandising CorporationJanuary 01, 1998
Target Brands, Inc. (MN)
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Target Revenue Breakdown

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Target revenue breakdown by business segment: 19.9% from Apparel and Accessories, 23.5% from Beauty and Household Essentials, 19.4% from Food and Beverage, 16.9% from Hardlines, 19.0% from Home Furnishings and Décor and 1.4% from Other

Human Capital Metrics

Source: corporate.target.com
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Target Online and Social Media Presence

Target's Trends

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 Target Frequently Asked Questions

  • When was Target founded?

    Target was founded in 1962.

  • Who are Target key executives?

    Target's key executives are Brian Cornell, Kristi Argyilan and John J. Mulligan.

  • How many employees does Target have?

    Target has 360,000 employees.

  • What is Target revenue?

    Latest Target annual revenue is $75.4 b.

  • What is Target revenue per employee?

    Latest Target revenue per employee is $209.3 k.

  • Who are Target competitors?

    Competitors of Target include Best Buy, Kroger and Amazon.

  • Where is Target headquarters?

    Target headquarters is located at 1000 Nicollet Mall, Minneapolis.

  • Where are Target offices?

    Target has offices in Minneapolis, Brooklyn Park, Rosemont, San Francisco and in 5 other locations.

  • How many offices does Target have?

    Target has 9 offices.