Categories AlphaGraphs, Earnings, Retail
TGT Earnings: All you need to know about Target’s Q3 2024 earnings results
Target Corporation (NYSE: TGT) reported its third quarter 2024 earnings results today.
Total revenue was $25.7 billion, up 1.1% from the year-ago quarter. Comparable sales increased 0.3%.
Net earnings decreased 12% to $854 million, or $1.85 per share, compared to last year. Adjusted EPS was $1.85.
Revenue and earnings missed expectations.
For the fourth quarter of 2024, the company expects approx. flat comparable sales and GAAP and adjusted EPS of $1.85-2.45. Target now expects GAAP and adjusted EPS of $8.30-8.90 for the full year of 2024.
The earnings miss and guidance cut caused the stock to plunge over 18% in premarket hours on Wednesday.
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
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
