Target Corporation (NYSE: TGT) reported its second quarter 2024 earnings results today.
Net sales increased 2.6% year-over-year to $25 billion. Comparable sales increased 2%.
Total revenue increased 2.7% YoY to $25.5 billion.
Net earnings increased 43% to $1.2 billion, or $2.57 per share, compared to last year. Adjusted EPS was $2.57.
For the third quarter of 2024, Target expects a 0-2% increase in comparable sales. GAAP and adjusted EPS are both expected to range between $2.10-2.40.
(This story will be updated shortly with an infographic)
The post TGT Earnings: All you need to know about Target’s Q2 2024 earnings results first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
