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Target Corp [TGT] reports $1.2 billion quarterly net profit

Target Corp [TGT] reports $1.2 billion quarterly net profit

Company generates $25.5 billion in revenue

By USinMinutes
Published - Aug 30, 2024, 11:56 AM ET
Last Updated - Sep 17, 2024, 02:57 AM EDT

Target Corp Target Corp [TGT] has reported $1.2 billion quarterly profit, an increase of $250 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Aug 03, 2024.

Target reported the quarterly diluted earnings per share (EPS) rose by 26.60 percent to $2.6 from $2 in the previous quarter.

Dollars in millions
Aug 03, 2024    May 04, 2024    Feb 03, 2024    Oct 28, 2023   

Income Statement

Revenue $25,452.0  $24,531.0  $107,412.0  $25,398.0 
Operating Profit $1,635.0  $1,296.0  $5,707.0  $1,317.0 
Net Income $1,192.0  $942.0  $4,138.0  $971.0 
Net Cash -$308.0  -$201.0  $1,576.0  -$319.0 
Gross Margin $7,653.0  $7,082.0  $29,676.0  $7,249.0 
Operating Margin $0.0  $0.0  $0.0  $0.0 
Profit as % of Revenues642.03 751.80 717.16 28.54 
Profit as % of Assets2.93 2.37 5.08 1.77 
Profit as % of Stockholder Equity8.26 6.81 30.81 7.76 
Return on Equity8.26 6.81 30.81 7.76 
Return on Assets2.13 1.71 7.48 1.73 
Turnover Ratio62.50 61.60 131.98 0.46 
EBITA$2,261.0 $1,914.0 $8,122.0 $0.0 

Balance Sheet

Total Assets $55,995.0  $55,117.0  $55,356.0  $56,229.0 
Total Liabilities $41,566.0  $41,277.0  $41,924.0  $43,715.0 

Cash Flow Statement

Operating Cash Flow $3,339.0  $1,101.0  $8,621.0  $5,332.0 
Investing Cash Flow -$1,305.0  -$671.0  -$4,760.0  -$3,910.0 
Financing Cash Flow -$2,342.0  -$631.0  -$2,285.0  -$1,741.0 
Read the full filing
 
Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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