Stoky
Back to explore
N
NoahListening
A
AshListening
0:00 / 0:00I. Business Strategy and Operations
TGT logo

Target Corp Lifts Operating Income 48% to $5.7B Despite 1.6% Revenue Dip

TGT10-KFiling Date: 3/13/2024
Target Corporation
Description

What this story covers

Target's 2023 10-K reveals 107 point 4 billion dollars revenue down 1 point 6 percent, but operating income surged 48 percent to 5 point 7 billion dollars on margin gains. Digital sales 18 point 3 percent, stores fulfill 97 percent. Cash flow hit 8 point 6 billion dollars from inventory cuts; dividends rose 10 percent. Risks include shrink, cyber threats, and economic pressures. ROIC improved to 16 point 1 percent.

Story snapshot

CompanyTarget Corporation
TickerTGT
VariantStandard detailed
Duration11:36
Filing type10-K
PeriodAnnual 2023
IndustryConsumer Services
Accession0000027419-24-000032

Full Story Script

Content not available for this story.

Ask Noah

Question the story, source filings, and key financial signals.

Sign in to chat with Noah

Ask questions about revenue, margins, risk factors, filings and more. Noah uses retrieval-augmented analysis over raw financial disclosures.

Sign in