Target
- Stores1.9 KFY, 2022
- Revenue$106 BFY, 2021
- Market Capitalization$69.5 B2022-05-25
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.
| Type | Public | |
| Founded | 1902 | |
| HQ | Minneapolis, MN, US | Map |
| Website | target.com | |
| Employee Ratings | ||
| Overall Culture | B- | More |
Recent NewsAll News
Key People/Management at Target
Brian Cornell
Board Chairman and Chief Executive Officer
John J. Mulligan
Executive Vice President and Chief Operating Officer
Katie Boylan
Executive Vice President and Chief Communications Officer
Michael E. McNamara
Executive Vice President, Chief Information Officer
Rick Gomez
Executive Vice President and Chief Food and Beverage 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 $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
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 795.0m | 1.7b | 2.4b | 284.0m | 2.0b | 3.0b | 2.1b | 3.9b | 5.4b |
Depreciation and Amortization | 644.0m | 1.3b | 1.9b | 641.0m | 1.2b | 1.8b | 667.0m | 1.3b | 2.0b |
Inventories | 438.0m | 375.0m | (1.9b) | 408.0m | 116.0m | (3.7b) | 114.0m | (606.0m) | (4.3b) |
Accounts Payable | (1.4b) | (731.0m) | 1.5b | (280.0m) | 795.0m | 4.3b | (1.2b) | (311.0m) | 3.3b |
| USD | Q1, 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 |
Target Operating Metrics
Target's Stores was reported to be 1.9 k in FY, 2022.
| Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Stores | 1.85 k | 1.85 k | 1.86 k | 1.87 k | 1.87 k | 1.87 k | 1.9 k | 1.9 k | 1.91 k | 1.91 k | 1.92 k | 1.93 k |
Retail Space, sq. ft. | 239.8 m | 239.69 m | 240.26 m | 240.52 m | 240.58 m | 240.58 m | 241.65 m | 241.65 m | 242.11 m | 242.13 m | 243.14 m | 243.28 m |
Distribution Centers | 42 | 44 | 48 | |||||||||
Stores Opened | 7 | 4 | 9 | 6 | 3 | 27 | 30 | 12 | 2 | 15 | 32 |
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: 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
Target Environment, Social & Governance (ESG) Ratings
Target Online and Social Media Presence
2.16m Twitter followers
Target has 2.16m Twitter Followers. The number of followers has increased 0.1% quarter over quarter
Target's Trends
Twitter Engagement Stats for @Target
97.4k
Tweets
2.6k
Following
2.2m
Followers
255
Tweets last 30 days
51.1
Avg. likes per Tweet
85.9%
Tweets with engagement
Target Company Culture
Overall Culture
B-
69/100
CEO Rating
C
66/100
Compensation
C+
65/100
Diversity
C+
68/100
Target News and Updates
April 29, 2022
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…
April 28, 2022
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…
April 25, 2022
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…
April 11, 2022
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…
April 05, 2022
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…
March 24, 2022
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 …
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.
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