---
schema_version: "secwatch.filing_event.v1"
accession: "0000027419-24-000177"
form_type: "8-K"
ticker: "TGT"
cik: "0000027419"
company_name: "TARGET CORP"
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T22:12:22.249612+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Target Q3 EPS $1.85 down 11.9% YoY; comp sales +0.3% with 10.8% digital growth

## Summary
- GAAP/Adjusted EPS $1.85 vs $2.10 prior year, below guidance implied by prior trend.
- Total revenue $25.7B (+1.1%) driven by 10.8% digital comp and 2.4% traffic gain.
- Gross margin 27.2% (-0.2ppt) on higher digital fulfillment & supply chain costs; SG&A 21.4% (+0.5ppt).
- Q4 guidance: flat comparable sales, EPS $1.85-$2.45; full-year EPS $8.30-$8.90.
- Returned $870M to shareholders: $516M dividends (+1.8% per share) and $354M buybacks.

## SEC filing metadata
- accession: 0000027419-24-000177
- form_type: 8-K
- ticker: TGT
- cik: 0000027419
- company_name: TARGET CORP
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27419/000002741924000177/0000027419-24-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27419/000002741924000177/tgt-20241120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000027419-24-000177
- JSON: https://secwatch.observer/filing/0000027419-24-000177.json
- Plain text: https://secwatch.observer/filing/0000027419-24-000177.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.