Target (TGT) Tops Q4 EPS by 13c, Comps Increase 20.5%

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Go back to Target (TGT) Tops Q4 EPS by 13c, Comps Increase 20.5%

Target Corporation Reports Fourth Quarter and Full-Year 2020 Earnings

March 2, 2021 6:30 AM EST

MINNEAPOLIS, March 2, 2021 /PRNewswire/ --

Q4 2020 Highlights     

Comparable sales grew 20.5 percent, reflecting comparable traffic growth of 6.5 percent and a 13.1 percent increase in average ticket. Store comparable sales increased 6.9 percent. Digital comparable sales grew 118 percent, accounting for two-thirds of the Company's overall comp growth. Same-day services (Order Pick Up, Drive Up and Shipt) grew 212 percent, led by more than 500 percent growth in Drive Up. More than 95 percent of Target's fourth quarter sales were fulfilled by its stores.... More