Categories AlphaGraphs, Earnings, Retail
TGT Earnings: All you need to know about Target’s Q3 2023 earnings results
Target Corporation (NYSE: TGT) reported third quarter 2023 earnings results today.
Total revenue was $25.4 billion, down 4.2% from the same period last year. Comparable sales declined 4.9%.
Net earnings increased 36.3% to $971 million, or $2.10 per share, compared to last year. Adjusted EPS was $2.10.
Both revenue and earnings beat expectations, sending the stock soaring over 9% in premarket hours on Wednesday.
For the fourth quarter of 2023, the company expects comparable sales in a wide range around a mid-single digit decline, and GAAP and adjusted EPS of $1.90-2.60.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
ULTA Earnings: Highlights of Ulta Beauty’s Q4 2024 results
Ulta Beauty, Inc. (NASDAQ: ULTA), a leading retailer of cosmetics and personal care products, on Thursday reported a decrease in net sales for the fourth quarter of 2024. Fourth-quarter net
Key takeaways from Dollar General’s (DG) Q4 2024 earnings report
Shares of Dollar General Corporation (NYSE: DG) gained 5% on Thursday, following the company’s release of its fourth quarter 2024 earnings results. The discount store delivered a mixed performance for
DG Earnings: All you need to know about Dollar General’s Q4 2024 earnings results
Dollar General Corporation (NYSE: DG) reported its fourth quarter 2024 earnings results today. Net sales increased 4.5% year-over-year to $10.3 billion. Same-store sales increased 1.2%. Net income of $191.2 million was
