Company Earnings Update 3 minutesRegister for Free AccessTarget (NYSE: TGT) 2Q19 Results: Beats Consensus Estimates and Raises 2019 EPS Guidance Coresight Research August 22, 2019 Executive Summary Target reported 2Q19 revenues of $18.42 billion, up 3.6% and beating the $18.29 billion consensus estimate. Adjusted EPS was $1.82, beating the $1.62 consensus. Comps grew 3.4%, beating the consensus of 3.0%. Comparable digital sales grew 34%, contributing 1.8% to comps. Target raised FY19 EPS guidance to $5.90-6.20 from the prior range of $5.75-6.05 and expects FY19 GAAP EPS from continuing operations. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US, UK, EU & China Quarterly Economic Update, 2Q23: Consumer Spending Growth Weakens in Many Countries Despite Easing InflationWeekly US and UK Store Openings and Closures Tracker 2024, Week 5: Walmart Announces US ExpansionRevealing Divisions in Consumer Sentiment: US Consumer Survey Insights ExtraFlipkart Big Billion Days 2023: Preview—Positive Consumer Sentiment and a Focus on Immersive Shopping
