Company Earnings UpdateTarget (TGT) 1Q17 Results: Beats on Revenue and EPS, Guides in Line Coresight Research May 18, 2017 Executive Summary Target reported 1Q17 adjusted EPS of $1.21, down 6.1% from $1.29 in the year-ago quarter, but handily beating the $0.91 consensus estimate. Total revenues were $16.0 billion, down 1.1% year over year, but above the $15.65 billion consensus estimate. Comp sales decreased by 1.3%, while e-commerce sales grew by 22% and accounted for 4.3% of sales. For 2Q17, Target expects a low-single-digit decline in comps, and GAAP and adjusted EPS of $0.95–$1.15, in line with the $1.00 consensus estimate. 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: US Online Grocery Survey 2025: Full-Basket Orders Increase as Delivery Retains Its Dominance—InfographicFinancial Sentiment Recovers; Tariff Pessimism Improves; Inflationary Trade-Down Persists: US Consumer Survey InsightsInnovator Profile: Bayezon AI—Enabling Agentic Commerce with AI-Driven Shopping AgentsUS CPG Sales Tracker: Health and Beauty Lead Growth Amid E-Commerce Slowdown
