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Target Corp (TGT.N)

TGT.N on New York Stock Exchange

87.16USD
19 Sep 2018
Change (% chg)

$-0.52 (-0.59%)
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$86.42
Volume
663,544
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1,047,982
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$90.39
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$54.04

Latest Key Developments (Source: Significant Developments)

Target Q2 Adjusted Earnings Per Share $1.47
Wednesday, 22 Aug 2018 

Target Corp ::Q2 ADJUSTED EARNINGS PER SHARE $1.47.Q2 GAAP EARNINGS PER SHARE $1.49 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE VIEW $1.40 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $17.8 BILLION VERSUS I/B/E/S VIEW $17.31 BILLION.SEES Q3 ADJUSTED EARNINGS PER SHARE $1.00 TO $1.20.COMPANY NOW EXPECTS HIGHER FULL-YEAR COMPARABLE SALES AND EPS.QTRLY COMPARABLE SALES INCREASED 6.5 PERCENT.FOR Q3, EXPECTS BOTH GAAP EPS FROM CONTINUING OPERATIONS AND ADJUSTED EPS OF $1.00 TO $1.20.QTRLY TOTAL REVENUE OF $17.8 BILLION INCREASED 6.9 PERCENT FROM $16.6 BILLION LAST YEAR.QTRLY COMPARABLE DIGITAL SALES GREW 41 PERCENT.QTRLY COMPARABLE STORE SALES GREW 4.9 PERCENT.FOR FY 2018, NOW EXPECTS GAAP EPS FROM CONTINUING OPERATIONS AND ADJUSTED EPS OF $5.30 TO $5.50.TARGET - FOR Q3 AND H2 2018, EXPECTS COMP SALES GROWTH IN LINE WITH 4.8 PERCENT COMPARABLE SALES GROWTH CO DELIVERED IN FIRST HALF OF 2018.Q3 EARNINGS PER SHARE VIEW $1.09 -- THOMSON REUTERS I/B/E/S.FY EARNINGS PER SHARE VIEW $5.28 -- THOMSON REUTERS I/B/E/S.  Full Article

Target Names John Bauer Senior VP, Global Inventory Management
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Target Corp ::TARGET NAMES JOHN BAUER SENIOR VICE PRESIDENT, GLOBAL INVENTORY MANAGEMENT.TARGET CORP - BAUER MOST RECENTLY SERVED AS CHIEF LOGISTICS OFFICER FOR TJX COMPANIES INC.  Full Article

Visiomed Group Announces Distribution Agreement With Target In The USA
Tuesday, 3 Jul 2018 

July 3 (Reuters) - VISIOMED GROUP SA ::ANNOUNCES DISTRIBUTION AGREEMENT WITH TARGET IN THE USA.BEWELLCONNECT® PRODUCTS ARE EXPECTED TO BE MARKETED DURING THE SUMMER.  Full Article

Target Names William J. Foudy As Jr. President, Target Sourcing Services
Monday, 14 May 2018 

May 14 (Reuters) - Target Corp ::TARGET NAMES WILLIAM J. FOUDY, JR. PRESIDENT, TARGET SOURCING SERVICES.TARGET CORP - WILLIAM FOUDY WILL JOIN TARGET ON JUNE 17.  Full Article

Target Corp Files For Potential Mixed Shelf Offering
Tuesday, 8 May 2018 

May 8 (Reuters) - Target Corp ::TARGET CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILING.  Full Article

Target To Launch Same-Day Delivery In Colorado
Thursday, 19 Apr 2018 

April 19 (Reuters) - Target Corp ::TARGET TO LAUNCH SAME-DAY DELIVERY IN COLORADO.TARGET CORP - BEGINNING MAY 3, SHIPT WILL DELIVER FROM TARGET STORES IN BOULDER, COLORADO SPRINGS, DENVER AND FORT COLLINS METRO AREAS.  Full Article

Shipt And Target To Launch Same-Day Delivery Across New England
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Shipt::SHIPT AND TARGET TO LAUNCH SAME-DAY DELIVERY ACROSS NEW ENGLAND.ONLINE MARKETPLACE SHIPT SAYS CO, TARGET WILL BEGIN SAME-DAY DELIVERY OF MORE THAN 55,000 PRODUCTS ACROSS MASSACHUSETTS, NEW HAMPSHIRE, RHODE ISLAND.  Full Article

Target Announces Plans To Accelerate Multiyear Strategy
Tuesday, 6 Mar 2018 

March 7 (Reuters) - Target Corp ::TARGET ANNOUNCES PLANS TO ACCELERATE MULTIYEAR STRATEGY.TARGET CORP - ‍DRIVE UP WILL EXPAND FROM 50 TO NEARLY 1,000 STORES THIS YEAR​.TARGET CORP - ‍TARGET RESTOCK WILL EXPAND TO ABOUT 40 MARKETS, SERVING NEARLY THREE-FOURTHS OF U.S. POPULATION BY END OF 2018​.TARGET - FREE 2-DAY SHIPPING IS NOW AVAILABLE ON "HUNDREDS OF THOUSANDS OF ITEMS" ON TARGET.COM WHEN GUESTS SPEND AT LEAST $35 OR PAY WITH A REDCARD.  Full Article

Target Sets Quarterly Dividend Of $0.62 Per Share
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Target Corp ::SETS QUARTERLY DIVIDEND OF $0.62PER SHARE.  Full Article

Target Expects Q4 Comparable Sales Growth In A Range Around 3.4 Pct
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Target Corp ::- NOW EXPECTS Q4 COMPARABLE SALES GROWTH IN A RANGE AROUND 3.4 PERCENT.- CURRENTLY PLANNING FOR A LOW SINGLE-DIGIT INCREASE IN ITS 2018 COMPARABLE SALES.- ‍NOW EXPECTS 2017 WILL BE FOURTH CONSECUTIVE YEAR IN WHICH ITS DIGITAL SALES GROW MORE THAN 25 PERCENT​.- RAISED ITS Q4 AND FULL-YEAR 2017 EPS GUIDANCE, BASED ON BENEFIT OF STRONGER-THAN-EXPECTED SALES AND RECENTLY-ENACTED FEDERAL TAX REFORM.- COMPARABLE SALES GROWTH OF 3.4 PERCENT IN NOVEMBER/DECEMBER PERIOD.- STORES FULFILLED 70 PERCENT OF TARGET'S DIGITAL VOLUME IN NOVEMBER/DECEMBER.TARGET RAISES Q4 GUIDANCE ON STRONGER-THAN-EXPECTED HOLIDAY SALES.- ‍IS CURRENTLY PLANNING FOR A LOW SINGLE-DIGIT INCREASE IN ITS 2018 COMPARABLE SALES AND YEAR-OVER-YEAR STABILITY IN EPS​.- FOR Q4 2017, CO EXPECTS ADJUSTED EPS OF $1.30 TO $1.40.- ‍ EXPECTS 2018 GAAP EPS FROM CONTINUING OPERATIONS AND ADJUSTED EPS OF $5.15 TO $5.45​.- TOTAL SALES ARE EXPECTED TO GROW MORE THAN 9 PERCENT IN Q4​.- ALSO REMAIN FOCUSED ON RAPIDLY SCALING UP NEW FULFILLMENT OPTIONS INCLUDING SAME DAY DELIVERY.- COMBINED WITH IMPACT OF A 53RD WEEK IN 2017, TARGET'S TOTAL SALES ARE EXPECTED TO GROW MORE THAN 9 PERCENT IN Q4.TARGET - ‍ Q4 ADJUSTED EPS EXPECTATION REFLECTS A 6 TO 8 CENT BENEFIT FROM A LOWER STRUCTURAL TAX RATE IN JANUARY FROM FEDERAL TAX REFORM LEGISLATION​.Q4 EARNINGS PER SHARE VIEW $1.22 -- THOMSON REUTERS I/B/E/S.  Full Article

UPDATE 1-Amazon considering opening up to 3,000 cashierless stores by 2021 -Bbg

Sept 19 Amazon.com Inc is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, Bloomberg reported https://www.bloomberg.com/news/articles/2018-09-19/amazon-is-said-to-plan-up-to-3-000-cashierless-stores-by-2021 on Wednesday, citing people familiar with the matter.