Company Earnings UpdateTarget (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: Kalder—Monetizing Customer Loyalty with White-Label Cashback and RewardsWhat You Need to Know About US Tariffs and Consumers’ and Retailers’ Reactions—April 2025 UpdateThree Data Points We’re Watching This Week, Week 2: Global Retail Predictions for 2025Innovator Profile: RetailReady—Transforming Retail Compliance with AI and Computer Vision
