Target

OverviewSuggest Edit

Target is a general merchandise retailer. It offers a food assortment, including perishables, dry grocery, dairy, and frozen items. The company also provides beauty and household products such as personal and baby care, cleaning, paper, 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
Employee Ratings3.7
Overall CultureB-

Latest Updates

Employees (est.) (Jan 2022)450,000(+11%)
Job Openings10,542
Revenue (FY, 2021)$106 B(+14%)
Share Price (May 2022)$156.4(+5%)
Cybersecurity ratingCMore
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Key People/Management at Target

Brian Cornell

Brian Cornell

Board Chairman and Chief Executive Officer
John J. Mulligan

John J. Mulligan

Executive Vice President and Chief Operating Officer
Katie Boylan

Katie Boylan

Executive Vice President and Chief Communications Officer
Michael E. McNamara

Michael E. McNamara

Executive Vice President, Chief Information Officer
Rick Gomez

Rick Gomez

Executive Vice President and Chief Food and Beverage 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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View revenue for all periods
Target's revenue was reported to be $106.01 b in FY, 2021 which is a 13.3% increase from the previous period.
USD

Revenue (FY, 2021)

106.0b

Revenue growth (FY, 2021 - FY, 2021), %

13.3%

Gross profit (FY, 2021)

31.0b

Gross profit margin (FY, 2021), %

29.3%

Net income (FY, 2021)

6.9b

EBITDA (FY, 2021)

12.0b

EBIT (FY, 2021)

8.9b

Market capitalization (25-May-2022)

69.5b

Closing stock price (25-May-2022)

156.4

Cash (29-Jan-2022)

5.9b

EV

79.8b
Target's current market capitalization is $69.5 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

78.1b93.6b106.0b

Revenue growth, %

4%20%13%

Cost of goods sold

54.9b66.2b75.0b

Gross profit

23.2b27.4b31.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

17.6b18.4b18.7b19.6b23.0b22.6b24.2b25.2b25.7b

Cost of goods sold

12.2b12.6b12.9b14.5b15.7b15.5b16.7b17.3b18.2b

Gross profit

5.4b5.8b5.7b5.1b7.3b7.1b7.5b7.9b8.4b

Gross profit Margin, %

31%31%31%26%32%31%31%31%32%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

2.6b8.5b5.9b

Inventories

9.0b10.7b13.9b

Current Assets

12.9b20.8b21.6b

PP&E

26.3b26.9b28.2b
Quarterly
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

3.3b4.4b6.9b

Depreciation and Amortization

2.6b2.5b2.6b

Inventories

505.0m(1.7b)(3.2b)

Accounts Payable

140.0m2.9b2.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

795.0m1.7b2.4b284.0m2.0b3.0b2.1b3.9b5.4b

Depreciation and Amortization

644.0m1.3b1.9b641.0m1.2b1.8b667.0m1.3b2.0b

Inventories

438.0m375.0m(1.9b)408.0m116.0m(3.7b)114.0m(606.0m)(4.3b)

Accounts Payable

(1.4b)(731.0m)1.5b(280.0m)795.0m4.3b(1.2b)(311.0m)3.3b
USDQ1, 2020

EV/EBITDA

29.3 x

EV/EBIT

46.3 x

EV/CFO

162.6 x

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.7 x

P/E Ratio

49.6
Show all financial metrics

Target Operating Metrics

Target's Stores was reported to be 1.9 k in FY, 2022.
Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2022

Stores

1.85 k1.85 k1.86 k1.87 k1.87 k1.87 k1.9 k1.9 k1.91 k1.91 k1.92 k1.93 k

Retail Space, sq. ft.

239.8 m239.69 m240.26 m240.52 m240.58 m240.58 m241.65 m241.65 m242.11 m242.13 m243.14 m243.28 m

Distribution Centers

424448

Stores Opened

7496327301221532

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: 19.2% from Food and Beverage, 19.1% from Home Furnishings and Décor, 16.9% from Apparel and Accessories, 25.7% from Beauty and Household Essentials, 17.6% from Hardlines and 1.5% from Other

Target Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Target Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Target Online and Social Media Presence

Embed Graph

Target Company Culture

  • Overall Culture

    B-

    69/100

  • CEO Rating

    C

    66/100

  • Compensation

    C+

    65/100

  • Diversity

    C+

    68/100

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Target News and Updates

Here’s How to Have Your *Best* Target Interview

We’ve got an incredible team, a growing business and great pay and benefits — but no matter how you slice it, it’s always a great time to be on Team Target. Whether you’re thinking about applying to become a team member or joining one of our internship programs, you’re in the right place to join mor…

Here’s How Target and Essence Are Partnering to Deliver Black Joy — Starting with Essence Fest 2022

Our multi-year partnership will kick off this summer with Target’s sponsorship of the annual Essence Festival of Culture in New Orleans, the largest per day attendance of any festival in the U.S., and include print and digital content, advertising, sponsorships and other live experiences. “Target an…

How Target’s Reimagining the Future of Our Headquarters Work

So when our global headquarters team began working virtually in 2020 — and didn’t miss a beat supporting our frontline teams and business — we saw a rare and exciting opportunity. “Our team is designing the future of HQ work to be hybrid — blending onsite and virtual work to give us flexibility in h…

Meet the Winners of Our 2022 HBCU Technology & Future Leaders in Retail Challenges

During Black History Month, we highlighted our Historically Black Colleges and Universities (HBCU) Design Challenge winners. Now, meet the winners of our HBCU Technology and Future Leaders in Retail Challenges. The goal: explore a detailed case study, then develop comprehensive leadership plans that…

Our New Times Square Store is Open! See How Our Flexible New Stores Strategy Means We Can Show Up Wherever Guests Need Us

On April 3, we opened our 30,000-square-foot Times Square store, a shining example of our ability to open and operate stores in spaces of any size — including where a traditional store may not fit — and tailor them to best serve the community. Think the seamless shopping experience guests know and l…

Levi’s is Expanding *Again* So You Can Find the Perfect Pair (and More) in 800 Target Stores

Guests have snapped up millions of pairs of men’s and women’s Levi’s jeans since Levi’s Red Tab label debuted at Target in 2019. “Strategic partnerships like Levi’s continue to drive preference for Target, and guests turn to Target for the very best national brands alongside more than 45 incredible …
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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 Katie Boylan.

  • How many employees does Target have?

    Target has 450,000 employees.

  • What is Target revenue?

    Latest Target annual revenue is $106 b.

  • What is Target revenue per employee?

    Latest Target revenue per employee is $235.6 k.

  • Who are Target competitors?

    Competitors of Target include Marshalls, Gamestop and Dollar General.

  • 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.