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: Shoptalk Spring 2025 Wrap-Up: Customer-Centricity for a New Golden Age of RetailNRF 2025: Retail’s Big Show Wrap-Up—The Future of Retail Will Be Driven by AI, Innovation and a Commitment to SustainabilityDepartment Stores in Focus; Plus, Consumer Sentiment Latest: US Consumer Survey InsightsPutting the “AI” in “Airlines”: Insights from CES 2025
