secwatch.observer — SEC 8-K summary
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Issuer:     TARGET CORP (TGT)
CIK:        0000027419
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0000027419-22-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Q4 GAAP EPS $3.21, revenue $31.0B; comparable sales +8.9%; FY2022 guidance low-mid single-digit revenue growth
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- Q4 GAAP EPS $3.21 vs $2.73 YoY, adjusted EPS $3.19; full-year GAAP EPS $14.10 (+63% YoY).
- Q4 total revenue $31.0B (+9.4%), comparable sales +8.9% on top of +20.5% in Q4 2020.
- FY2022 guidance: low- to mid-single-digit revenue growth, operating margin 8%+, high-single-digit adjusted EPS growth.
- Q4 operating income $2.1B (+14.1%), operating margin 6.8% vs 6.5% YoY; gross margin 25.7% vs 26.8%.
- Full-year after-tax ROIC 33.1% vs 23.5%; repurchased $2.3B of shares in Q4; dividend per share up 32.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27419/000002741922000002/0000027419-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27419/000002741922000002/tgt-20220301.htm
  HTML page:      https://secwatch.observer/filing/0000027419-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer