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.
TypePublic
Founded1962
HQMinneapolis, US
Websitetarget.com

Latest Updates

Employees (est.) (Feb 2020)368,000(+3%)
Job Openings9,255
Revenue (FY, 2019)$78.1 B(+4%)
Share Price (Sept 2020)$156.5 (+2%)
Cybersecurity ratingCMore

Key People/Management at Target

Brian Cornell

Brian Cornell

Board Chairman and CEO
John J. Mulligan

John J. Mulligan

Executive Vice President and Chief Operating Officer
Katie Boylan

Katie Boylan

Senior Vice President and Chief Communications Officer
Dawn Block

Dawn Block

Senior Vice President, Digital
Kristi Argyilan

Kristi Argyilan

Senior Vice President and President, Roundel
Rick Gomez

Rick Gomez

Executive Vice President, Chief Marketing, Digital and Strategy Officer
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Target Office Locations

Target has offices in Minneapolis, Brooklyn Park, San Francisco, Sunnyvale and in 2 other locations
Minneapolis, US (HQ)
1000 Nicollet Mall
Brooklyn Park, US
7000 Target Pkwy
San Francisco, US
101 Howard St #350, San Francisco
Sunnyvale, US
100 Mathilda Pl
Tempe, US
8550 S Priest Dr
Bengaluru, IN
No. C-2, Manyata Embassy Business Park, Outer Ring Rd, MS Ramaiah North City, Rachenahalli, Nagavara
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Target Financials and Metrics

Target Revenue

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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 (Q2, 2020)

23.0b

Gross profit (Q2, 2020)

7.3b

Gross profit margin (Q2, 2020), %

31.8%

Net income (Q2, 2020)

1.7b

EBIT (Q2, 2020)

2.3b

Market capitalization (28-Sept-2020)

78.3b

Closing stock price (28-Sept-2020)

156.5

Cash (1-Aug-2020)

7.3b

EV

87.6b
Target's current market capitalization is $78.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

72.6b73.8b69.5b71.9b75.4b78.1b

Revenue growth, %

2%(6%)3%5%4%

Cost of goods sold

51.3b52.0b48.9b51.1b53.3b54.9b

Gross profit

21.3b21.8b20.6b20.8b22.1b23.2b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

17.1b17.4b17.6b16.2b16.2b16.4b16.0b16.4b16.7b16.8b17.8b17.8b17.6b18.4b18.7b19.6b23.0b

Cost of goods sold

11.9b12.1b12.4b11.2b11.1b11.5b11.1b11.4b11.7b11.6b12.2b12.5b12.2b12.6b12.9b14.5b15.7b

Gross profit

5.2b5.4b5.2b5.0b5.1b5.0b4.9b5.0b5.0b5.2b5.5b5.3b5.4b5.8b5.7b5.1b7.3b

Gross profit Margin, %

30%31%29%31%31%30%30%30%30%31%31%30%31%31%31%26%32%
USDFY, 2015

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

3 x
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Target Operating Metrics

Target's Stores was reported to be 1.9 k in Q2, 2020.
Q1, 2014Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020

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 k1.86 k1.87 k1.87 k1.87 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 m240.26 m240.52 m240.58 m240.58 m

Distribution Centers

38 40 40 41 40 42
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Target Acquisitions / Subsidiaries

Company NameDateDeal 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
FedcoJuly 09, 1999
Associated Merchandising CorporationJanuary 01, 1998
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Target Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Target Revenue Breakdown

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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

Human Capital Metrics

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Target Online and Social Media Presence

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Target News and Updates

Target Names Maurice Cooper Senior Vice President of Marketing

Target Corporation (NYSE: TGT) today named Maurice Cooper senior vice president of marketing. Cooper will oversee Target's marketing, creating plans that are guest-centric, culturally relevant and inclusive to fuel consumer affinity for Target's brand and grow its business. He will lead the stra…

Christine A. Leahy, Derica W. Rice Named to Target Corporation's Board of Directors

Target Corporation (NYSE: TGT) announced today its board of directors elected Christine (Chris) A. Leahy, president, chief executive officer and director of CDW, and Derica W. Rice, former executive vice president of CVS Health and president of CVS Caremark, as directors. Ms. Leahy's appointment bec…

Target Corporation Reports Second Quarter Earnings

Target Corporation (NYSE: TGT) today announced its second quarter 2020 results, which reflect the continuation of heightened sales volume and significant investments in response to the COVID-19 pandemic. The Company reported GAAP earnings per share (EPS) from continuing operations of $3.35 in the s…

Summit Academy and Target Announce North Star Innovation Center in North Minneapolis

As part of Target's ongoing efforts to advance social justice and promote racial equity in its hometown of Minneapolis-St. Paul and communities across the country, the company today announced that it is supporting Summit Academy OIC with space in the Regional Acceleration Center (RAC) in North Minne…

Target Increases Starting Wage to $15; Thanks Frontline Team Members with Recognition Bonus

Target today announced a number of industry-leading updates and extensions to its pay and benefits. Beginning July 5, it will permanently raise its starting wage for U.S. team members to $15 per hour. Additionally, the company will give a one-time recognition bonus of $200 to its frontline store and…

Target Corporation Announces 3.0 Percent Dividend Increase

The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 68 cents per common share, a 3.0% increase from the prior quarterly dividend of 66 cents. The dividend is payable Sept. 10, 2020 to shareholders of record at the close of business August 19, 2020. The 3rd …
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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, John J. Mulligan and Katie Boylan.

  • 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 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, San Francisco, Sunnyvale and in 2 other locations.

  • How many offices does Target have?

    Target has 6 offices.