Target Corporation is the discount store retailer. The Company offers food assortment, including perishables, dry grocery, dairy, and frozen items. and a fully integrated online business. Target also performs account servicing and primary marketing functions for the Target Credit Card and Target MasterCard consumer receivables portfolio, which is underwritten, funded, and owned by TD Bank Group.

Type
Public
HQ
Minneapolis, US
Founded
1962
Size (employees)
345,000 (est)+7%
Website
target.com
Target Corporation was founded in 1962 and is headquartered in Minneapolis, US
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Key People/Management at Target Corporation

Brian Cornell

Brian Cornell

Board Chairman and CEO
Rick Gomez

Rick Gomez

Executive Vice President and Chief Marketing Officer
Don Liu

Don Liu

Executive Vice President and Chief Legal & Risk Officer
Stephanie Lundquist

Stephanie Lundquist

Executive Vice President and Chief Human Resources Officer
Michael McNamara

Michael McNamara

Executive Vice President & Chief Information and Digital Officer
Mark Tritton

Mark Tritton

Executive Vice President and Chief Merchandising Officer
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Target Corporation Office Locations

Target Corporation has offices in Oklahoma City, Fredericksburg, Frederick, Mission Viejo and in 189 other locations
Minneapolis, US (HQ)
1000 Nicollet Mall
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Target Corporation Financials and Metrics

Target Corporation Financials

Target Corporation's revenue was reported to be $71.88 b in FY, 2017 which is a 3.4% increase from the previous period.
USD

Revenue (FY, 2017)

71.9 b

Revenue growth (FY, 2017 - FY, 2017), %

3.4%

Gross profit (FY, 2017)

20.8 b

Gross profit margin (FY, 2017), %

28.9%

Net income (FY, 2017)

2.9 b

EBIT (FY, 2017)

4.3 b

Market capitalization (20-Apr-2018)

38.7 b

Cash (3-Feb-2018)

2.6 b

EV

47.6 b
Target Corporation's current market capitalization is $38.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

72.6 b73.8 b69.5 b71.9 b

Revenue growth, %

2%(6%)3%

Cost of goods sold

51.3 b52 b48.9 b51.1 b

Gross profit

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

Revenue

17.1 b17.4 b17.6 b16.2 b16.2 b16.4 b16 b16.4 b16.7 b

Cost of goods sold

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

Gross profit

5.2 b5.4 b5.2 b5 b5.1 b5 b4.9 b5 b5 b

Gross profit Margin, %

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

Cash

2.2 b4 b2.5 b2.6 b

Inventories

8.8 b8.6 b8.3 b8.7 b

Current Assets

14.1 b14.1 b12 b12.6 b

PP&E

26 b25.2 b24.7 b25 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

2.8 b2.7 b2 b4 b1.5 b1.2 b2.7 b2.3 b2.7 b

Inventories

8.6 b8.3 b10.4 b8.5 b8.6 b10.1 b8 b8.3 b10.6 b

Current Assets

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

PP&E

25.8 b25.6 b25.5 b25 b24.9 b24.9 b24.7 b24.9 b25.1 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

2.1 b2.2 b2.3 b2.4 b

Inventories

(512 m)(316 m)293 m(348 m)

Accounts Payable

777 m534 m(543 m)1.3 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

635 m1.4 b1.9 b632 m1.3 b1.9 b681 m1.4 b1.8 b

Depreciation and Amortization

540 m1.1 b1.7 b546 m1.1 b1.7 b573 m1.2 b1.8 b

Inventories

180 m18 m(2.1 b)142 m(29 m)(1.5 b)323 m52 m(2.3 b)

Accounts Payable

(766 m)(697 m)1.5 b(1.4 b)(1.5 b)103 m(715 m)332 m2.7 b
USDY, 2018

EV/EBIT

11 x

EV/CFO

6.9 x

Revenue/Employee

217.6 k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x
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Target Corporation Operating Metrics

Target Corporation's Stores was reported to be 1.8 k in FY, 2017.
Q3, 2014Q1, 2014Q2, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Stores

1.79 k1.79 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 k

Distribution Centers

38 40 40 41
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Target Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Target Brands, Inc. (MN)
Target General Merchandise, Inc. (MN)
Target Enterprise, Inc. (MN)
Target Capital Corporation (MN)
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
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