Categories AlphaGraphs, Retail

Target Corp. (TGT) Q1 Earnings: Key financials and quarterly highlights

Target Corporation (NYSE: TGT) reported first quarter 2021 earnings results today.

Total revenue increased 23.4% year-over-year to $24.1 billion. Comparable sales rose nearly 23%.

GAAP net income jumped more than 600% to $2 billion, or $4.17 per share, compared to last year. Adjusted EPS gained 525% year-over-year to $3.69.

Both revenues and earnings topped market expectations.

For the second quarter of 2021, Target expects mid to high single digit growth in comparable sales, and for the last two quarters of the year, the company estimates comparable sales to see positive single digit growth.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

TTWO Earnings: Take-Two Interactive slips to a loss in Q1; revenue up 36%

Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced first-quarter 2023 results Monday after the closing bell, reporting a 36% revenue growth. First-quarter revenues rose 36% annually to $1.1 billion

Tyson Foods (TSN): Strong demand for beef and price hikes in chicken fuel Q3 top line growth

Shares of Tyson Foods Inc. (NYSE: TSN) plunged 9% on Monday after the company delivered mixed results for the third quarter of 2022. Revenues beat estimates while profits missed expectations.

TSN Earnings: All you need to know about Tyson Foods’ Q3 2022 earnings results

Tyson Foods, Inc. (NYSE: TSN) reported third quarter 2022 earnings results today. Sales rose to $13.5 billion from $12.5 billion in the same period a year ago. Net income attributable to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top