{"schema_version":"secwatch.filing_event.v1","accession":"0000027419-22-000032","form_type":"8-K","ticker":"TGT","cik":"0000027419","company_name":"TARGET CORP","filed_at":"2022-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.105688+00:00","generated_at":"2026-06-21T17:48:20.438936+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Target Q3 EPS $1.54 (-49% YoY); lowers Q4 guidance; announces $2-3B efficiency plan","bullets":["GAAP EPS $1.54 vs $3.04 last year; revenue $26.5B (+3.4%); comparable sales +2.7%.","Operating margin 3.9% vs 7.8% last year; gross margin fell to 24.7% from 28.0% due to markdowns, shrink, higher costs.","Q4 guidance: low-single-digit comparable sales decline; operating margin rate centered around 3%.","Announces enterprise efficiency initiative targeting $2-3B cumulative savings over three years.","Dividend increased 20% (paid $497M in Q3); no share repurchases in quarter; $9.7B remaining authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0000027419-22-000032","json":"https://secwatch.observer/filing/0000027419-22-000032.json","markdown":"https://secwatch.observer/filing/0000027419-22-000032.md","text":"https://secwatch.observer/filing/0000027419-22-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/27419/000002741922000032/0000027419-22-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/27419/000002741922000032/tgt-20221116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:48:20.438936+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bd2be6eed0dc1f376470642a4bacb71efeddf6ba","claim":"TARGET CORP reported the three months ended October 29, 2022 results: revenue $26.5 billion, EPS $1.54. Guidance lowered.","evidence_excerpt":"sales grew 2.7 percent in the third quarter, reflecting comparable store sales growth of 3.2 percent and comparable digital sales growth of 0.3 percent. Total revenue of $26.5 billion grew 3.4 percent compared with last year, reflecting total sales growth of 3.3 percent and a 9.5 percent increase in other revenue. Operating income was $1.0 billion in third","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27419/000002741922000032/0000027419-22-000032-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended October 29, 2022"},{"label":"Revenue","value":"$26.5 billion"},{"label":"EPS","value":"$1.54"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}