Categories AlphaGraphs, Earnings, Retail
TGT Earnings: All you need to know about Target’s Q4 2023 earnings results
Target Corporation (NYSE: TGT) reported fourth quarter 2023 earnings results today.
Total revenue was $31.9 billion, up 1.7% compared to the same period last year. Comparable sales declined 4.4%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/03/Target-Corporation-Q4-2023-Earnings-Infographic-628x1024.jpg)
Net earnings grew 58% to $1.38 billion, or $2.98 per share, compared to last year. Adjusted EPS rose 58% to $2.98.
Both the top and bottom line numbers beat expectations, sending the stock soaring over 9% in premarket hours on Tuesday.
For the first quarter of 2024, the company expects a comparable sales decline of 3-5%. GAAP and adjusted EPS are both expected to range between $1.70-2.10.
For the full year of 2024, Target expects comparable sales to range from flat to up 2%. GAAP EPS and adjusted EPS are both expected to range between $8.60-9.60.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/11/Target-Q3-2023-Earnings-Infographic-627x1024.jpg)
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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%