Target corp (TGT)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Aug'15May'15Jan'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10May'10Jan'10Oct'09Jul'09Apr'09Oct'08Jul'08
Total revenue

23,398

18,665

18,422

17,627

22,977

17,821

17,776

16,781

22,983

16,874

16,634

16,223

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,726

16,929

16,779

16,867

21,288

16,402

16,240

15,935

20,660

15,605

15,532

15,593

20,181

15,276

15,067

14,833

15,114

15,472

Credit card revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

356

328

328

330

351

348

345

355

384

379

406

435

463

487

500

472

526

501

Cost of sales

17,056

12,935

12,625

12,248

16,900

12,535

12,239

11,625

16,795

11,712

11,419

11,199

15,187

11,536

11,172

11,250

15,839

12,440

12,051

11,911

15,563

12,171

11,798

11,748

15,124

11,849

11,557

11,510

16,160

11,569

11,297

11,541

14,985

11,165

10,872

10,838

14,458

10,562

10,293

10,412

13,983

10,229

9,914

9,936

10,130

10,304

Gross margin

-

-

-

-

-

-

-

-

-

-

-

-

-

4,905

4,997

4,946

5,787

5,173

5,376

5,208

6,188

5,083

5,159

4,909

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

4,504

4,153

3,912

3,663

4,376

3,937

3,865

3,545

4,454

3,733

3,601

3,353

4,476

3,339

3,249

3,153

3,920

3,736

3,495

3,514

4,058

3,644

3,599

3,376

3,946

3,632

3,490

3,397

4,229

3,704

3,588

3,392

3,875

3,525

3,473

3,233

3,718

3,345

3,263

3,143

3,672

3,255

3,136

3,015

3,245

3,153

Depreciation and amortization (exclusive of depreciation included in cost of sales)

640

575

561

581

584

530

539

570

605

582

521

516

559

505

500

481

317

561

551

540

545

535

537

511

508

503

493

491

539

542

531

529

564

546

509

512

539

533

496

516

536

537

478

472

469

448

Operating income

1,198

1,002

1,324

1,135

1,117

819

1,133

1,041

1,129

847

1,093

1,155

1,243

1,061

1,248

1,312

2,170

876

1,330

1,154

1,585

904

1,023

1,022

1,315

941

1,301

1,613

1,668

1,164

1,255

1,285

1,701

1,057

1,300

1,264

-

967

1,266

-

-

-

-

-

-

-

Credit card expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

106

108

120

163

109

86

88

168

198

214

280

368

381

388

384

403

347

Gain on sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

620

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on receivables transaction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

391

5

156

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings before interest expense and income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,242

-

874

1,151

1,026

867

1,220

Nonrecourse debt collateralized by credit card receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

21

23

24

23

24

26

60

48

Other interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175

165

165

191

168

171

177

180

179

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

0

1

1

1

6

10

Net interest expense

118

113

120

126

110

115

115

121

131

251

131

140

127

142

307

415

153

151

148

155

151

146

433

152

142

145

152

610

204

192

184

184

292

200

191

183

191

194

185

187

214

191

194

202

234

217

Net other (income) / expense

-29

12

13

12

7

9

4

7

14

15

15

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings from continuing operations before income taxes

1,051

901

1,217

1,021

1,014

713

1,022

927

1,012

611

977

1,030

1,204

919

941

897

2,017

725

1,182

999

1,434

758

590

870

1,173

796

1,149

1,003

1,464

972

1,071

1,101

1,409

857

1,109

1,081

1,586

773

1,081

1,055

1,408

683

957

824

633

1,003

Provision for income taxes

218

195

279

229

216

97

223

210

-76

135

307

355

385

311

316

283

596

249

409

348

474

232

199

299

393

273

403

358

503

335

367

404

428

302

405

392

551

238

402

384

472

247

363

302

264

369

Net earnings from continuing operations

833

706

938

792

798

616

799

717

1,088

476

670

675

819

608

625

614

1,421

476

773

651

960

526

391

571

780

523

746

645

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net of tax

1

8

0

3

1

6

0

1

-1

2

1

3

-5

0

55

18

5

73

-20

-16

-3,600

-174

-157

-153

-260

-182

-134

-147

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings

834

714

938

795

799

622

799

718

1,087

478

671

678

814

608

680

632

1,426

549

753

635

-2,640

352

234

418

520

341

611

498

961

637

704

697

981

555

704

689

1,035

535

679

671

936

436

594

522

369

634

Basic earnings per share
Continuing operations (in dollars per share)

1.64

1.38

1.83

1.54

1.53

1.17

1.50

1.34

2.01

0.87

1.22

1.22

1.44

1.07

1.07

1.03

2.30

0.76

1.21

1.02

1.51

0.83

0.62

0.90

1.23

0.83

1.17

1.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.02

0.00

0.00

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.01

0.00

0.00

0.09

0.03

0.01

0.12

-0.03

-0.03

-5.64

-0.28

-0.25

-0.24

-0.41

-0.29

-0.21

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings per share (in dollars per share)

1.65

1.40

1.83

1.54

1.54

1.18

1.50

1.34

2.01

0.88

1.22

1.23

1.43

1.07

1.17

1.06

2.30

0.88

1.18

0.99

-4.14

0.55

0.37

0.66

0.82

0.54

0.96

0.78

1.48

0.97

1.07

1.05

1.47

0.82

1.03

0.99

1.44

0.75

0.93

0.91

1.25

0.58

0.79

0.69

0.49

0.82

Diluted earnings per share
Continuing operations (in dollars per share)

1.63

1.37

1.82

1.53

1.52

1.16

1.49

1.33

1.99

0.87

1.21

1.21

1.43

1.06

1.07

1.02

2.27

0.76

1.21

1.01

1.49

0.82

0.61

0.89

1.22

0.82

1.16

0.99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.02

0.00

0.00

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.01

0.00

0.00

0.09

0.03

0.02

0.11

-0.03

-0.03

-5.59

-0.27

-0.25

-0.24

-0.41

-0.29

-0.21

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings per share (in dollars per share)

1.63

1.39

1.82

1.53

1.52

1.17

1.49

1.33

1.99

0.87

1.22

1.22

1.42

1.06

1.16

1.05

2.28

0.87

1.18

0.98

-4.10

0.55

0.37

0.66

0.81

0.54

0.95

0.77

1.47

0.96

1.06

1.04

1.44

0.82

1.03

0.99

1.44

0.74

0.92

0.90

1.24

0.58

0.79

0.69

0.49

0.82

Weighted average common shares outstanding
Basic (in shares)

-

-

-

-

-

-

-

-

-

544

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

708

715

731

739

752

751

752

752

753

770

Dilutive impact of share-based awards (in shares)

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

-

-

-

-

-

-

-

-

-

547

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

714

721

736

745

756

755

754

753

756

773

Antidilutive shares (in shares)

-

-

-

-

-

-

-

-

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

0.60

0.60

0.56

0.56

0.56

0.56

0.52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales
Total revenue

23,133

18,414

18,183

17,401

22,734

17,590

17,552

16,556

22,734

16,647

16,410

15,995

20,608

16,441

16,169

16,196

21,626

17,613

17,427

17,119

21,751

17,254

16,957

16,657

20,893

16,925

16,841

16,620

22,370

16,601

16,451

16,537

20,937

16,054

15,895

15,580

20,276

15,226

15,126

15,158

19,718

14,789

14,567

14,361

14,588

14,971

Other revenue
Total revenue

265

251

239

226

243

231

224

225

249

227

224

228

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-