Categories Earnings, Retail

Target Corp: Stock slides following Q2 earnings

Target Corp (NYSE: TGT) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The department store chain reported Q2 revenue of $25.2 billion, up 10% year-over-year and higher than the Wall Street projection. Net income of $3.64 per share was also above the target that analysts had anticipated.

TGT shares fell 1.5% immediately following the announcement. The stock has gained 43% since the beginning of this year.

Target Corp Q2 2021 Earnings

Looking forward to listening to management/analyst comments on the results? Stay tuned here for Target Corp Q2 earnings call transcript

Prior performance

  • Target Corp Q3 2020 earnings
  • Target reports Q2 2020 earnings results

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