Target (TGT) Tops Q3 EPS by 63c

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Go back to Target (TGT) Tops Q3 EPS by 63c

Target Corporation Reports Third Quarter Earnings

November 15, 2023 6:30 AM EST

MINNEAPOLIS, Nov. 15, 2023 /PRNewswire/ --

The Company's third quarter operating income margin rate of 5.2 percent was 1.3 percentage points higher than last year, driven by a higher gross margin rate.Third quarter GAAP and Adjusted EPS1 of $2.10 was 36 percent higher than a year ago and above the high end of the Company's guidance range, reflecting disciplined inventory and expense management.Through the first three quarters of this year,... More