secwatch.observer — SEC 8-K summary
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Issuer:     TARGET CORP (TGT)
CIK:        0000027419
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0000027419-24-000008
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 $2.98, beats high-end of guidance; Q1 2024 comp sales seen down 3-5%
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- Q4 GAAP & adjusted EPS $2.98 vs $1.89 last year, above guidance of $1.90–$2.60.
- Total revenue $31.9B (+1.7% YoY); comparable sales declined 4.4%.
- Full-year 2023 GAAP & adjusted EPS $8.94, nearly 50% higher YoY; operating income margin 5.3%.
- Q1 2024 guidance: comp sales -3 to -5%; EPS $1.70–$2.10. Full-year 2024 EPS $8.60–$9.60.
- Same-day services grew 13.6% in Q4; efficiency savings >$500M in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27419/000002741924000008/0000027419-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27419/000002741924000008/tgt-20240305.htm
  HTML page:      https://secwatch.observer/filing/0000027419-24-000008

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