corporate overview
Target offers high-quality, on-trend merchandise at discounted prices in clean, spacious, guest-friendly stores and through its digital channels.
who we are
our guests
- Median age of 40
- Median household income of approx. $64K
- Approximately 43% have children at home
- About 57% have completed college
Target Corporation contacts
- Main Number (612) 304-6073
- Media Relations (612) 696-3400
- Investor Relations (800) 775-3110
consolidated financial summary
All amounts in millions, except per share amounts, and unless otherwise noted, amounts refer to continuing operations.
Target corporation
$69,495Sales in 2016
| 2016 | 2015 | 2014 | 2013 | 2012(a) | |
|---|---|---|---|---|---|
| Sales(b) | $69,495 | $73,785 | $72,618 | $71,279 | $73,301 |
| EBIT | $4,969 | $5,530 | $4,535 | $5,170 | $5,740 |
| Net Earnings / (Loss) | |||||
| Continuing operations | $2,669 | $3,321 | $2,449 | $2,694 | $3,315 |
| Discontinued operations | 68 | 42 | (4,085) | (723) | (316) |
| Net earnings / (loss) | 2,737 | 3,363 | (1,636) | 1,971 | 2,999 |
| Diluted Earnings / (Loss) Per Share | |||||
| Continuing operations | $4.58 | $5.25 | $3.83 | $4.20 | $5.00 |
| Discontinued operations | 0.12 | 0.07 | (6.38) | (1.13) | (0.48) |
| Diluted earnings / (loss) per share | 4.70 | 5.31 | (2.56) | 3.07 | 4.52 |
| Average Common Shares Outstanding, Diluted | 582.5 | 632.9 | 640.1 | 641.8 | 663.3 |
(a)Fiscal 2012 was a 53-week period, compared with a 52-week period in fiscal 2013 through 2015.
(b)For 2012, includes sales generated by our retail operations and credit card revenues.
(b)For 2012, includes sales generated by our retail operations and credit card revenues.
Stores and Team Members
1,802Total Number of Target Stores in 2016
| 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|
| U.S. Stores | 1,802 | 1,792 | 1,790 | 1,793 | 1,778 |
| Team Members | 323,000 | 341,000 | 347,000 | 346,000 | 356,000 |
sales increases
(5.4)%Total Sales in 2016*
1.2%Comparable Sales in 2015*
| 2016 | 2015 | |||
|---|---|---|---|---|
| total sales | comparable sales | total sales | comparable sales | |
| Q1 | (5.4)% | 1.2% | 2.8% | 2.3% |
| Q2 | (7.2)% | (1.1)% | 2.8% | 2.4% |
| Q3 | (6.7)% | (0.2)% | 2.1% | 1.9% |
| Q4* | (4.3)% | (1.5)% | (0.6)% | 1.9% |
| Full Year* | (5.8)% | (0.5)% | 1.6% | 2.1% |
*The 2016 sales decline is primarily due to the December 2015 sale of our pharmacy and clinic businesses (Pharmacy Transaction) to CVS Pharmacy, Inc. 2015 sales included $3,815 million related to our former pharmacy and clinic businesses.