Target Corporation was founded in 1962 and is headquartered in Minneapolis, US

Board Chairman and CEO

Executive Vice President and Chief Human Resources Officer

Executive Vice President & Chief Information and Digital Officer

Executive Vice President and Chief Risk and Compliance Officer

Executive Vice President and Chief Merchandising Officer

Executive Vice President and Chief Operating Officer

Executive Vice President and Chief Stores Officer

Executive Vice President & Chief Legal Officer and Corporate Secretary

Executive Vice President and Chief Financial Officer

Executive Vice President and Chief Corporate Social Responsibility Officer

Target Corporation has offices in Minneapolis, New York, Izmir, Washington and in 167 other locations

Minneapolis, US (HQ)

1000 Nicollet Mall

Target Corporation's revenue was reported to be $69.5 b in FY, 2017

USD

## Revenue (FY, 2017) | 69.5 b |

## Revenue growth (FY, 2016 - FY, 2017), % | (6%) |

## Gross profit (FY, 2017) | 20.6 b |

## Gross profit margin (FY, 2017), % | 30% |

## Net income (FY, 2017) | 2.7 b |

## EBIT (FY, 2017) | 5 b |

## Market capitalization (21-Jul-2017) | 30.1 b |

Target Corporation's current market capitalization is $30.1 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Revenue | 72 b | 71.3 b | 72.6 b | 73.8 b | 69.5 b |

## Revenue growth, % | (1%) | 2% | 2% | (6%) | |

## Cost of goods sold | 50.6 b | 50 b | 51.3 b | 52 b | 48.9 b |

## Gross profit | 21.4 b | 21.2 b | 21.3 b | 21.8 b | 20.6 b |

## Gross profit Margin, % | 30% | 30% | 29% | 30% | 30% |

## General and administrative expense | 14.6 b | 14.5 b | 14.7 b | 14.7 b | 13.4 b |

## Operating expense total | 14.6 b | 14.5 b | 14.7 b | 14.7 b | 13.4 b |

## Depreciation and amortization | 2 b | 2 b | 2.1 b | 2.2 b | 2.3 b |

## EBIT | 5.7 b | 4.2 b | 4.5 b | 5.5 b | 5 b |

## EBIT margin, % | 8% | 6% | 6% | 7% | 7% |

## Interest expense | 684 k | 1.1 b | 882 m | 607 m | 1 b |

## Pre tax profit | 5.1 b | 3.1 b | 3.7 b | 4.9 b | 4 b |

## Income tax expense | 1.7 b | 1.1 b | 1.2 b | 1.6 b | 1.3 b |

## Net Income | 3 b | 2 b | 2.4 b | 3.3 b | 2.7 b |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 17.4 b | 17.7 b | 17.1 b | 17.4 b | 17.6 b | 16.2 b | 16.2 b | 16.4 b | 16 b |

## Cost of goods sold | 12.2 b | 12.6 b | 11.9 b | 12.1 b | 12.4 b | 11.2 b | 11.1 b | 11.5 b | 11.1 b |

## Gross profit | 5.2 b | 5.2 b | 5.2 b | 5.4 b | 5.2 b | 5 b | 5.1 b | 5 b | 4.9 b |

## Gross profit Margin, % | 30% | 29% | 30% | 31% | 29% | 31% | 31% | 30% | 30% |

## General and administrative expense | 3.8 b | 3.9 b | 3.5 b | 3.5 b | 3.7 b | 3.2 b | 3.2 b | 3.3 b | 3.1 b |

## Operating expense total | 3.8 b | 3.9 b | 3.5 b | 3.5 b | 3.7 b | 3.2 b | 3.2 b | 3.3 b | 3.1 b |

## EBIT | 1.2 b | 1.3 b | 876 m | 1.3 b | 1.2 b | 1.1 b | 1.2 b | ||

## EBIT margin, % | 7% | 8% | 5% | 8% | 8% | 6% | 7% | ||

## Interest expense | 453 m | 165 m | 155 m | 148 m | 151 m | 415 m | 307 m | 142 m | 144 m |

## Pre tax profit | 366 m | 512 m | |||||||

## Income tax expense | 132 m | 160 m | 348 m | 409 m | 249 m | 283 m | 316 m | 311 m | 357 m |

## Net Income | 234 m | 352 m | 635 m | 753 m | 549 m | 632 m | 680 m | 608 m | 681 m |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Cash | 784 m | 695 m | 2.2 b | 4 b | |

## Accounts Receivable | 192.1 k | ||||

## Inventories | 7.9 b | 8.3 b | 8.3 b | 8.6 b | 8.3 b |

## Current Assets | 16.4 b | 11.6 b | 13.6 b | 14.1 b | 12 b |

## PP&E | 30.7 b | 26 b | 26 b | 25.2 b | 24.7 b |

## Total Assets | 48.2 b | 44.6 b | 41.2 b | 40.3 b | 37.4 b |

## Accounts Payable | 7.1 b | 7.3 b | 7.8 b | 7.4 b | 7.3 b |

## Current Liabilities | 14 b | 12.8 b | 11.7 b | 12.6 b | 12.7 b |

## Non-Current Liabilities | 17.6 b | 15.5 b | 15.4 b | 14.7 b | 13.8 b |

## Common Stock | 54 m | 53 m | 53 m | 50 m | 46 m |

## Additional Paid-in Capital | 3.9 b | 4.5 b | 4.9 b | 5.3 b | 5.7 b |

## Retained Earnings | 13.2 b | 12.6 b | 9.6 b | 8.2 b | 5.9 b |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Inventories | 8.3 b | 10.4 b | 8.5 b | 8.6 b | 10.1 b | 8 b | |||

## Current Assets | 13.4 b | 15.2 b | 13.9 b | 11.5 b | 12.8 b | 11.7 b | |||

## PP&E | 25.6 b | 25.5 b | 25 b | 24.9 b | 24.9 b | 24.7 b | |||

## Total Assets | 40.4 b | 41.7 b | 39.9 b | 37.3 b | 38.6 b | 37.2 b | |||

## Accounts Payable | 6.9 b | 8.9 b | 6.4 b | 6.8 b | 8.3 b | 6.5 b | |||

## Current Liabilities | 11.6 b | 13.9 b | 12 b | 11 b | 12.6 b | 12.4 b | |||

## Non-Current Liabilities | 14.8 b | 14.6 b | 15.3 b | 14.7 b | 14.9 b | 13.8 b | |||

## Common Stock | 53 m | 52 m | 49 m | 48 m | 47 m | 46 m | |||

## Additional Paid-in Capital | 5.3 b | 5.3 b | 5.5 b | 5.6 b | 5.6 b | 5.7 b | |||

## Retained Earnings | 9.1 b | 8.4 b | 7.6 b | 6.6 b | 6 b | 5.9 b |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Net Income | 3 b | 2 b | (1.6 b) | 3.4 b | 2.7 b |

## Depreciation and Amortization | 2 b | 2 b | 2.1 b | 2.2 b | 2.3 b |

## Accounts Receivable | (217 m) | 157 m | |||

## Inventories | 160 m | (504 m) | (512 m) | (316 m) | 293 m |

## Accounts Payable | (217 m) | 247 m | 777 m | 534 m | |

## Cash From Operating Activities | 5.3 b | 652 m | 4.4 b | 584.4 m | 5.4 b |

## Purchases of PP&E | (2.3 b) | (1.9 b) | (1.8 b) | (1.4 b) | |

## Cash From Investing Activities | (2.9 b) | 271 m | (1.9 b) | 508 m | |

## Dividends Paid | (1.3 b) | ||||

## Cash From Financing Activities | (2.5 b) | (6.4 b) | (998 m) | (4.5 b) | |

## Interest Paid | 697 m | 1 b | 871 m | 1 b | |

## Income Taxes Paid | 1.6 b | 1.4 b | 1.3 b | (127 m) |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 215.2 k |

Target Corporation's Stores was reported to be 1.8 k in Q1, 2017. Target Corporation's Distribution Centers was reported to be 40 in FY, 2016