Categories AlphaGraphs, Earnings, Retail
TGT Earnings: Key quarterly highlights from Target’s Q3 2022 financial results
Target Corporation (NYSE: TGT) reported third quarter 2022 earnings results today.
Total revenue was $26.5 billion, up 3.4% compared to the same period last year. Comparable sales rose 2.7%.
Net earnings dropped 52.1% to $712 million while EPS fell 49.3% to $1.54. Adjusted EPS declined 49.1% to $1.54.
Revenue beat estimates but earnings fell short of expectations, sending the stock plummeting 14% in premarket hours.
Target anticipates a low single digit decline in comparable sales for the fourth quarter of 2022.
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
Infographic: How Lennar Corporation (LEN) performed in Q3 2024
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the third quarter of 2024, which was up 8% from the same period last year. Net earnings attributable to
FDX Earnings: FedEx Q1 2025 revenue and profit miss analysts’ estimates
Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decrease in revenues and adjusted earnings for the first quarter of 2025. The results also fell short of expectations. First-quarter earnings,
Signet (SIG) remains optimistic about its fiscal year 2025 performance, here’s why
Shares of Signet Jewelers Limited (NYSE: SIG) were up over 4% on Thursday. The stock has gained 24% over the past one month. The jewelry retailer saw revenue and profits
