文章核心观点 - 目标公司(Target)的收益和收入超过华尔街的预期,这表明通胀高企下消费者更青睐折扣零售商 [1][2] - 目标公司提高了全年利润预测,并报告了超过一年来的首次季度同店销售增长,这归因于其实施的价格下调吸引了更多顾客 [2][3] - 沃尔玛等其他低价零售商也在本季度录得同店销售增长,表明消费者偏好低价商品 [5][7] - 与此同时,家居装修零售商如家得宝和Lowe's则面临利润下降,因为消费者推迟了装修和改造计划 [7] 目标公司表现 - 目标公司第二季度同店销售数据强于预期,这是一个鼓舞人心的迹象 [4] - 目标公司今年夏季下调了5,000多种热门商品的价格,并推出了新的自有品牌产品线,这些措施吸引了更多顾客 [5] - 目标公司首席执行官表示,消费者在面临多重挑战的情况下仍表现出了可喜的韧性 [6] - 目标公司在过去4个季度连续4次同店销售下滑后,在第二季度有所恢复,因为消费者更倾向于购买必需品而非奢侈品 [8] - 目标公司服装和美妆等更多可选消费品的销售有所改善 [9] 行业整体表现 - 沃尔玛和好市多等其他低价零售商也在本季度录得同店销售增长,表明消费者偏好低价商品 [5][7][8] - 与此同时,家居装修零售商如家得宝和Lowe's则面临利润下降,因为消费者推迟了装修和改造计划 [7] - 整体来看,7月份美国零售销售环比上涨1%,为去年1月以来最大涨幅,暂时缓解了经济疲软的担忧 [10]

Target (TGT) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.98%. A quarter ago, it was expected that this retailer would post earnings of $2.05 per share when it actually produced earnings of $2.03, delivering a surprise of -0.98%.Over the last four quarters, the company has surpa ...

There's no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday.In an interview on CNBC's "Squawk Box," the retail chief disputed campaign talking points accusing grocers of inflating prices. He said retailers have to be responsive to customers or risk losing business.He was asked by CNBC's Joe Kernen, who referred to comments by Democratic presidential candidate Vice President Kamala Harris and asked if Target or its competitors ever benefit from pr ...

财务表现 - 第二季度同店销售增长2.0%，达到公司预期的高端[2] - 第二季度营业利润率为6.4%，同比增长160个基点，主要由于毛利率提高[2,10,11] - 第二季度GAAP和调整后每股收益为2.57美元，同比增长超过40%[2,5] - 全年同店销售预计增长0%至2%，预计GAAP和调整后每股收益为9.00美元至9.70美元，高于之前的预期[9] - 公司第二季度净收益为21.34亿美元，同比增长19.6%[24] - 毛利率为28.3%，较上年同期提升1.6个百分点[25] - 公司调整后每股收益为4.60美元，同比增长19.3%[36] 销售渠道表现 - 客流量同比增长3%，六大核心商品类别均实现客流量增长[2] - 数字渠道同店销售增长8.7%，同日服务实现双位数增长，其中"送货上门"和"Target Circle 360同日送货"增长超过10%[2] - 可选消费品趋势持续改善，服装同店销售增长超过3%[2] - 数字渠道销售占比为18.1%，同比增长0.9个百分点[29] - 门店发货占总销售的97.8%，同比提升0.4个百分点[30] - Target Circle会员渗透率为17.9%，较上年同期下降0.9个百分点[32] 财务指标 - 第二季度资本回报率(ROIC)为16.6%，同比提高2.9个百分点[16] - 公司EBIT和EBITDA分别为29.80亿美元和44.41亿美元，同比增长16.2%和13.5%[40] - 公司税后投入资本回报率为19.4%[43] - 公司当前负债和其他借款为16.4亿美元[44] - 非流动长期债务为136.54亿美元[44] - 股东投资为144.29亿美元[44] - 经营租赁负债为37.86亿美元[44] - 现金及现金等价物为34.97亿美元[44] - 投入资本总额为300.12亿美元[44] - 过去12个月的平均投入资本为297.6亿美元[45] - 过去12个月的税后投资回报率为16.6%[46] - 本期与上期相比,税后投资回报率从13.7%提高到16.6%[46] - 本期会计期间为53周,上期为52周[46] 未来展望 - 第三季度预计同店销售增长0%至2%，GAAP和调整后每股收益为2.10美元至2.40美元[8] - 公司第三季度和全年调整后每股收益预期为2.10-2.40美元和9.00-9.70美元[37] 其他 - 第二季度股票回购1.1百万股，平均价格为145.94美元[15]

文章核心观点 - 公司第二季度可比销售额增长2.0%,达到公司预期的高端 [2] - 第二季度营业利润率为6.4%,同比增长160个基点,主要受益于毛利率的提升 [4] - 第二季度GAAP和调整后每股收益为2.57美元,同比增长超过40% [2] 财务数据总结 收入和利润 - 第二季度总收入为255.2亿美元,同比增长2.7% [4] - 第二季度营业利润为16.35亿美元,同比增长36.6% [4] - 第二季度GAAP和调整后每股收益为2.57美元,同比增长超过40% [2] 销售情况 - 第二季度可比销售额增长2.0%,其中实体店销售增长0.7%,数字渠道销售增长8.7% [4] - 第二季度客流量同比增长3% [2] - 第二季度服装类可比销售增长超过3% [2] 毛利率和费用 - 第二季度毛利率为28.9%,同比提升190个基点 [4] - 第二季度销售、管理及行政费用率为21.2%,同比上升0.3个百分点 [4] 现金流和资本运作 - 第二季度支付股利5.09亿美元,同比增长1.9% [5] - 第二季度回购1.55亿美元股票,退回110万股 [5] - 过去12个月ROIC为16.6%,同比提升2.9个百分点 [5] 未来展望 - 第三季度可比销售预期增长0-2%,每股收益预期2.10-2.40美元 [3] - 全年可比销售预期增长0-2%,每股收益预期9.00-9.70美元,上调前值 [3]

CHICAGO, ILLINOIS - AUGUST 16: Customers shop at a Target store on August 16, 2023 in Chicago, ... [+] Illinois. Target’s quarterly sales fell for the first time in six years which is being attributed in part to consumer backlash from the sale of Pride Month merchandise. (Photo by Scott Olson/Getty Images)Getty ImagesTarget is scheduled to report earnings before Wednesday’s open. The stock hit a record high of $268.98/share in 2021 and is currently trading near $144. The stock is prone to big moves after re ...

A focus on value for consumers and private-label items could help Target Corporation TGT win market share and boost shares, analysts say ahead of a second-quarter earnings report coming Wednesday before the market opens.Earnings Estimates: Analysts expect Target to report second-quarter revenue of $25.23 billion according to data from Benzinga Pro.The company reported revenue of $24.77 billion in last year's first quarter. Target has beaten analyst estimates for revenue in three straight quarters and seven ...

A sign displayed near school supplies at a Target store in New York City informs students that they ... [+] can use the Target app to search for their school and find the list of required supplies. (Photo by: Deb Cohn-Orbach/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty ImagesTarget (NYSE: TGT), the second-largest discount chain in the U.S., is scheduled to report its fiscal second-quarter results on Wednesday, August 21. We expect Target's stock to likely trade higher pas ...

Investors and the media are invited to listen to the call through the company's website at Corporate.Target.com/Investors (click on the link under "Events & Presentations")WHO: Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found b ...

Set to report its Q2 results on Wednesday, August 21, Target (TGT)  will be hoping to follow Walmart’s (WMT)  footsteps with its omnichannel retail peer exceeding quarterly top and bottom line expectations last Thursday.Notably, Walmart’s stock is up +7% since its strong Q2 results and has now soared +40% year to date to largely outperform Target’s +2%. That said, let’s see if a post-earnings rally could be in store for Target and if it's time to buy TGT for a sharper rebound.Image Source: Zacks Investment ...