Target is an upscale discounter that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and guest-friendly stores. In addition, Target operates an online business, Target.com.
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Corporate Overview
who we are
Chairman, President and Chief Executive Officer
Gregg Steinhafel
our guests
- Median age of 40
- Median household income of approx. $64K
- Approximately 43% have children at home
- About 57% have completed college
Target Corporation contacts
- Main Number (612) 304-6073
- Sales Information Line (866) 526-7639
- Media Relations (612) 696-3400
financial summary
Target Corporation
$69,865Revenues2011
| 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|
| Revenues | $69,865 | $67,390 | $65,357 | $64,948 |
| EBIT | $5,322 | $5,252 | $4,673 | $4,402 |
| Net Earnings | $2,929 | $2,920 | $2,488 | $2,214 |
| Net Earnings Per Share, Diluted | $4.28 | $4.00 | $3.30 | $2.86 |
| Average Common Shares | ||||
| Outstanding, Diluted | 683.9 | 729.4 | 754.8 | 773.6 |
Target Stores (Fiscal Year End)
1,763Number of Stores2011
| 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|
| Number of Stores | 1,763 | 1,750 | 1,740 | 1,682 |
| Square Footage | 235,720 | 233,618 | 231,941 | 222,588 |
| Number of Employees | 355,000 | 355,000 | 351,000 | 351,000 |
sales increases - Target stores
2012
29.6Total Sales
3.1Comparable Store Sales
JAN*| total sales | comparable-store sales | |||
|---|---|---|---|---|
| February | 8.0 | 7.0 | ||
| March | 7.9 | 7.3 | ||
| April | 2.1 | 1.1 | ||
| May | 5.0 | 4.4 | ||
| June | 2.6 | 2.1 | ||
| July | 3.5 | 3.1 | ||
| August | 4.7 | 4.2 | ||
| September | 2.6 | 2.1 | ||
| October | 3.0 | 2.4 | ||
| November | (0.1) | (1.0) | ||
| December | 0.8 | 0.0 | ||
| January ('13)* | 29.6 | 3.1 | ||
* Due to an extra accounting week in fiscal 2012, January total sales reflect a 5-week period compared to a 4-week period in 2011. The extra week has been excluded from the comparable-store sales calculation