Target: Q4 adjusted EPS up 58%
(CercleFinance.com) - Target has published adjusted EPS that is up 58% at 2.
67 dollars for its fourth accounting quarter, significantly above the consensus, with it winning market share in all of its main categories of products.
Its operating margin improved by 1.4 point to 6.5% for revenues that are up 21.1% at 28.3 billion dollars, including 20.5% like-for-like growth, driven by a 118% leap in online sales.
The discount store chain of is still not providing any targets, given the highly fluid and uncertain outlook for household behavior, consumption and public policies relating to the Covid-19 pandemic.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
67 dollars for its fourth accounting quarter, significantly above the consensus, with it winning market share in all of its main categories of products.
Its operating margin improved by 1.4 point to 6.5% for revenues that are up 21.1% at 28.3 billion dollars, including 20.5% like-for-like growth, driven by a 118% leap in online sales.
The discount store chain of is still not providing any targets, given the highly fluid and uncertain outlook for household behavior, consumption and public policies relating to the Covid-19 pandemic.
Copyright (c) 2021 CercleFinance.com. All rights reserved.