Form 8-K · Current Report · Filed 2024-11-20
Target Corporation Releases Third Quarter Financial Results
On November 20, 2024, Target Corporation disclosed its financial results for the third quarter ended November 2, 2024, in a News Release.
- Filer
- Target Corporation TGT · NYSE
- Filed
- Accession
- 0000027419-24-000177
- CIK
- 0000027419
- Signal
- Low impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Details
While specific financial details are not provided in the 8-K, the release is attached as Exhibit 99 to this filing for detailed information.
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$156.00
Next session
-22.1%
Since filing
-7.4%
Latest close
$144.49
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from TGT reporting the same item, with the next session's move:
Exhibits (1)
About Target Corporation
Target Corporation is a major American mass-market retailer known for offering a broad assortment of general merchandise and food products to consumers. Originally founded in 1902 and headquartered in Minneapolis, Minnesota, Target operates a wide network of large-format stores across the United States, in addition to its robust e-commerce platform. Target's primary function is to provide customers with a highly curated selection of quality products at competitive prices, spanning categories such as apparel, home goods, electronics, and groceries. The company is notable for its focus on style and value, branding itself as "Expect More. Pay Less." Target Corporation impacts various sectors, prominently influencing retail, supply chain logistics, and consumer behavior trends with significant market strategies such as private label offerings and exclusive designer collaborations. Holding a considerable share of the retail market, Target plays a critical role in shaping the competitive landscape, balancing between robust in-store experiences and investments in digital transformation to meet evolving consumer demands. Its influence extends to the broader retail economy, often serving as a bellwether for consumer spending patterns and retail sector health.
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