Target Reports Q1 Earnings Tomorrow: What to Expect
May 17 2022 - 01:05PM
TipRanks
Target (TGT), a lead player in the consumer goods sector, will
release its Q1-2022 earnings results tomorrow. Target has
effectively restructured its business in the face of fierce
competition and rising inflation, placing a strong emphasis on its
digital channel and exclusive items. In its fourth-quarter
results, Target's revenue and earnings witnessed impressive growth.
While revenue increased by 9.4% year-over-year to $31 billion,
profitability increased by 19.2% to $3.19 per share. Let's have a
look at how the company is projected to perform in the upcoming
quarter. Target's Website Visit Statistics Given Target's recent
emphasis on its digital channel, a peek at the company's monthly
visitor data would be fascinating.
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Target (NYSE:TGT)
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