TGT - These Analysts Boost Their Forecasts On Target After Upbeat Q4 Earnings | Benzinga
Target Corp (NYSE: TGT) reported better-than-expected fourth-quarter earnings on Tuesday.
Target reported fourth-quarter FY23 revenue growth of 1.7% year-on-year to $31.92 billion, beating the analyst consensus estimate of $31.83 billion. Adjusted EPS of $2.98 beat the analyst consensus estimate of $2.42, according to data from Benzinga Pro.
"Our team's efforts changed the momentum of our business, further improving our sales and traffic trends in the fourth quarter while driving profitability well ahead of expectations," said Brian Cornell, chairman and chief executive officer of Target Corporation. "Throughout the season, guests responded to newness, value, and ...