Target (TGT) Tops Q4 EPS by 57c, Beats on Revenue; Offers Strong Guidance

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Go back to Target (TGT) Tops Q4 EPS by 57c, Beats on Revenue; Offers Strong Guidance

Target Corporation Reports Fourth Quarter and Full-Year 2023 Earnings

March 5, 2024 6:30 AM EST

MINNEAPOLIS, March 5, 2024 /PRNewswire/ --

Q4 2023 Highlights    

Comparable sales and traffic trends improved sequentially for the second quarter in a row.Same-day services (in-store pickup, Drive Up, and Shipt), which represent more than 10 percent of total sales, increased 13.6 percent in the quarter, led by growth in Drive Up.GAAP and Adjusted EPS1 of $2.98 was 57.6 percent higher than last year, and... More