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
Founded1902
HQMinneapolis, MN, US
Websitetarget.com
Overall CultureC-

Latest Updates

Employees (est.) (Feb 2020)368,000(+3%)
Job Openings9,653
Revenue (FY, 2019)$78.1 B(+4%)
Share Price (Jul 2021)$261(+2%)

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
Stephanie Lundquist

Stephanie Lundquist

Executive Vice President and President of Food and Beverage
Rick Gomez

Rick Gomez

Executive Vice President and Chief Food and Beverage Officer
Michael E. McNamara

Michael E. McNamara

Executive Vice President, Chief Information Officer
Christina Hennington

Christina Hennington

Executive Vice President and Chief Growth Officer
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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
Show all (7)

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 (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
USDFY, 2017FY, 2018FY, 2019

Revenue

71.9b75.4b78.1b

Revenue growth, %

3%5%4%

Cost of goods sold

51.1b53.3b54.9b

Gross profit

20.8b22.1b23.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

16.8b17.8b17.8b17.6b18.4b18.7b19.6b23.0b22.6b

Cost of goods sold

11.6b12.2b12.5b12.2b12.6b12.9b14.5b15.7b15.5b

Gross profit

5.2b5.5b5.3b5.4b5.8b5.7b5.1b7.3b7.1b

Gross profit Margin, %

31%31%30%31%31%31%26%32%31%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

2.6b1.6b2.6b

Inventories

8.7b9.5b9.0b

Current Assets

12.6b12.5b12.9b

PP&E

25.0b25.5b26.3b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

2.9b2.9b3.3b

Depreciation and Amortization

2.4b2.5b2.6b

Inventories

(348.0m)(900.0m)505.0m

Accounts Payable

1.3b1.1b140.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

718.0m1.5b2.1b795.0m1.7b2.4b284.0m2.0b3.0b

Depreciation and Amortization

631.0m1.2b1.8b644.0m1.3b1.9b641.0m1.2b1.8b

Inventories

(55.0m)(515.0m)(3.8b)438.0m375.0m(1.9b)408.0m116.0m(3.7b)

Accounts Payable

(604.0m)342.0m3.3b(1.4b)(731.0m)1.5b(280.0m)795.0m4.3b
USDFY, 2018

Revenue/Employee

208.3k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x
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Target Operating Metrics

Target's Stores was reported to be 1.9 k in Q3, 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, 2020Q3, 2020

Stores

1.79 k1.8 k1.8 k1.79 k1.8 k1.8 k1.81 k1.79 k1.79 k1.8 k1.8 k1.8 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 k1.9 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 m239.5 m239.78 m240.08 m240.63 m239.36 m239.69 m239.85 m240.26 m239.58 m239.8 m239.69 m240.26 m240.52 m240.58 m240.58 m241.65 m

Distribution Centers

384040414042

Stores Opened

59126761247496327
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Target Acquisitions / Subsidiaries

Company NameDateDeal Size
DelivMay 08, 2020
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
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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 Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Target Online and Social Media Presence

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Target Company Culture

  • Overall Culture

    C-

    68/100

  • CEO Rating

    C

    70/100

  • Compensation

    C-

    66/100

Learn more on Comparably

Target News and Updates

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

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…

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…

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

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…

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…
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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.