Categories AlphaGraphs, Retail
TGT Earnings: Key quarterly highlights from Target’s Q1 2022 financial results
Target Corporation (NYSE:TGT) reported first quarter 2022 earnings results today.
Total revenue grew 4% year-over-year to $25.2 billion.

Net income declined 52% to $1 billion while EPS fell 48% to $2.16. Adjusted EPS decreased 41% to $2.19.
The top line beat estimates but the bottom line fell short of expectations, sending the stock crashing 22% during premarket hours on Wednesday.
For the full year of 2022, the company expects low to mid single digit revenue 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
Earnings: Highlights of Bed Bath & Beyond (BBBY) Q1 report
Home furnishing retailer Bed Bath & Beyond (NASDAQ: BBBY) has reported a net loss for the first quarter of 2022 when the company’s revenues declined by 25%. Net earnings, adjusted
Mattel (MAT): Here are a few points to keep in mind if you are considering this toymaker
Shares of Mattel Inc. (NASDAQ: MAT) have gained 1% year-to-date and 6% over the past 12 months. The company delivered double-digit growth in sales and improved profitability for its most
Prologis (PLD) set for long-term gains from high e-commerce demand
The ripples of the COVID-driven e-commerce boom are being felt beyond the retail industry, and the other sectors influenced by it include transportation and real estate. The high demand for