Categories AlphaGraphs, Earnings, Retail
TGT Earnings: Key quarterly highlights from Target’s Q1 2024 financial results
Target Corporation (NYSE: TGT) reported its first quarter 2024 earnings results today.
Total revenue decreased 3.1% year-over-year to $24.5 billion. Comparable sales declined 3.7%.
Net earnings dipped 1% to $942 million, or $2.03 per share, compared to last year. Adjusted EPS was $2.03.
Earnings missed estimates while revenue matched expectations.
For the second quarter of 2024, the company expects a 0-2% increase in comparable sales, and GAAP and adjusted EPS of $1.95-2.35.
The stock plunged over 8% in premarket hours on Wednesday following the announcement.
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
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%
