Target (TGT) Tops Q2 EPS by $1.76

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Get Alerts TGT Hot Sheet

Price: $164.44 -0.54%

Revenue Growth %: -3.2%

Financial Fact:
Net interest expense: 142M

Today's EPS Names:
FRSB, DGICA, UXIN, More

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Target (NYSE: TGT) reported Q2 EPS of $3.38, $1.76 better than the analyst estimate of $1.62. Revenue for the quarter came in at $22.98 billion versus the consensus estimate of $20.09 billion.

Store comparable sales increased 10.9 percent. Digital comparable sales grew 195 percent, accounting for 13.4 percentage points of Target's comparable sales growth.

Fiscal 2020 Guidance

During the first quarter, the Company withdrew its guidance given the unusually wide range of potential outcomes, in light of the highly fluid and uncertain outlook for consumer shopping patterns and government policies related to COVID-19.

For earnings history and earnings-related data on Target (TGT) click here.

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