Company Earnings Update 3 minutesRegister for Free AccessTarget (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? Register for a free user account. This document was generated for Other research you may be interested in: China Consumer Tracker: More Than 70% of Respondents Are Avoiding Public PlacesWeekly US and UK Store Openings and Closures Tracker 2023, Week 41: UK Closures Almost TripleWeekly US and UK Store Openings and Closures Tracker 2024, Week 7: Pandora Announces Store Expansion PlansNextGen Commerce—Event Insights: Revolutionizing Retail Through AI
