财务数据和关键指标变化 - 第一季度总销售额下降3.2%,同店销售下降3.7%,主要受到非必需品类销售疲软的影响 [102][103] - 客流量下降1.9%,客单价也下降1.9%,反映消费者谨慎消费 [103] - 毛利率同比提高约140个基点,主要得益于运输成本下降和存货损耗率改善 [104][105][106] - 销售费用率同比上升约130个基点,主要由于销售下降带来的费用率上升以及员工薪酬和营销费用增加 [108] - 折旧及摊销费用率同比上升约20个基点,主要由于销售下降带来的费用率上升 [109] 各条业务线数据和关键指标变化 - 美妆业务保持低单位增长,领导了整体业务的增长 [44] - 服装业务同比下降低单位,但较上季度改善约4个百分点,年轻时尚品类表现亮眼 [45][46][47] - 频繁消费品类同比下降低单位,但节假日期间表现强劲 [44] - 家居和硬件类业务持续疲软,但娱乐和户外运动品类表现不错 [48][49][50][51] 各个市场数据和关键指标变化 - 公司未提及具体市场数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司计划未来10年新开300家门店,同时大规模投资现有门店 [11] - 持续投资供应链,包括增加分拣中心提升最后一公里配送效率 [12] - 投资技术,如人工智能和机器学习,提升服务能力 [12] - 重新推出会员计划Target Circle,提升会员参与度和忠诚度 [13][26][55] - 持续拓展自有品牌和国际品牌合作,提升独特性 [14][15] - 加大对员工的投资,包括薪酬、福利和培训等 [15] - 探索通过批发合作等方式拓展自有品牌在新市场的覆盖 [68] 管理层对经营环境和未来前景的评论 - 消费者在高通胀和利率上升的背景下仍保持较强韧性 [18][40][41] - 消费者支出正在从居家和娱乐向服务和户外活动转移 [19][20] - 虽然通胀有所缓解,但仍存在不确定性,公司将保持灵活性应对变化 [21] - 公司有信心在未来几年实现盈利增长 [33][34] 问答环节重要的提问和回答 问题1 **Michael Lasser 提问** 价格投资中有多少部分由公司承担,多少由供应商承担?公司是否将存货损耗改善的有利因素用于价格投资? [145][146] **Christina Hennington 回答** 公司一直致力于提供更多价值和实惠,这是品牌的承诺。公司与供应商合作共同为消费者提供价值。存货损耗改善是公司持续优化各项成本指标的一部分,有助于为消费者提供更多实惠。 [146][147][148] 问题2 **Michael Lasser 提问** 外界感知公司销售在促销活动期间表现良好,但在日常经营中表现较弱。这是否意味着公司在日用品类上正在失去消费者青睐,此次价格投资是否针对此? [150] **Brian Cornell 回答** 公司预计在第二季度就能看到销售趋势的转变,届时将实现正增长,这得益于公司在商品、价值和客户体验等方面的投入。公司不会满足于第二季度之前的销售表现。 [151][152] 问题3 **Rupesh Parikh 提问** 公司对于未来产品创新和新品推出的信心如何? [160] **Christina Hennington 回答** 公司一直非常重视产品创新和新品推出,这是消费者青睐的重要因素。公司在各大品类都有持续的新品投放计划,第二季度尤其在夏季商品和频繁消费品类有很多新品亮相,预计将持续推动销售增长。 [160][161]

Target (TGT) reported $24.53 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 3.1%. EPS of $2.03 for the same period compares to $2.05 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $24.52 billion, representing a surprise of +0.06%. The company delivered an EPS surprise of -0.98%, with the consensus EPS estimate being $2.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

股票表现 - Target Corp (NYSE:TGT)股票因首季盈利不佳和消费者在非必需品上的支出下降导致销售下降3%，目前下跌8.7%至142.26美元[1] - 股票季度至今下跌20.5%，可能在135美元附近找到支撑[2] 选项交易 - 选项交易量已达到通常水平的13倍，今天已交易25,000份认购和28,000份认沽，最受欢迎的是周五到期的140美元认沽[3] - Target股票的Schaeffer's认沽/认购未平仓合约比率（SOIR）位于过去12个月读数的第88百分位数，意味着短期期权交易比平常更加看跌[4] 波动性评分 - 值得注意的是，该股的Schaeffer's波动率评分（SVS）为100分中的81分，这意味着在过去12个月中，TGT的波动性超过了期权交易者的预期[5]

Key TakeawaysTarget shares slipped ahead of markets opening Wednesday after the retailer reported first-quarter results, with revenue meeting expectations but declining 3% year-over-year.Despite posting a slight earnings beat for the quarter, Target's second-quarter and full-year profit guidance ranges were mostly below estimates.The retailer launched a new version of its Target Circle membership program in the quarter, adding a paid tier to compete with Amazon Prime and Walmart+. Target (TGT) shares tumble ...

ToplineTarget posted weaker-than-expected first-quarter earnings and a sales drop Wednesday, following a slowdown in spending as inflation-weary shoppers continued to keep their budgets in check, causing shares of the discount chain to fall in pre-market trading.DALY CITY, CALIFORNIA - DECEMBER 14: Customers wait in line to make purchases at a Target store on ... [+] December 14, 2023 in Daly City, California. According to a report by the Commerce Department, consumer retial sales increased by 0.3% percent ...

Key PointsTarget struggled in Q1 with revenue contracting versus gains for its largest competitor.Guidance is tepid and has the market resetting its outlook for the stock price.Analysts are on board with the turnaround but may cap stock gains for the foreseeable future with lowered price targets.5 stocks we like better than TargetTarget’s NYSE: TGT Q1 results highlight the growing bifurcation in retail. Its results include contracting revenue driven by weakened discretionary spending and loss of market shar ...

Target (TGT) came out with quarterly earnings of $2.03 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.98%. A quarter ago, it was expected that this retailer would post earnings of $2.46 per share when it actually produced earnings of $2.98, delivering a surprise of 21.14%.Over the last four quarters, the company has surpa ...

It's Nvidia's (NVDA) earnings day, with the world's hottest AI tech firm expected to report surging sales after the bell, although overly bullish investors could mean volatile stock trading after the chipmaker's results come out; Target (TGT) shares are tanking in premarket trading following first-quarter results; minutes from the most recent Federal Open Market Committee (FOMC) meeting are due today, offering clues on the Fed's rate-cut path; TJX shares are rising on a profit beat; Urban Outfitters (URBN) ...

Nvidia is scheduled to report earnings tonight after the close. (Photo by Justin Sullivan/Getty ... [+] Images)Getty ImagesKey Takeaways Target Target Misses On Earnings Hopes For An Ethereum ETF Nvidia Earnings TonightIt's been an extremely uneventful week thus far. On Tuesday, the S&P 500 and Nasdaq Composite both ended the day higher by around 0.25% to close at record highs. For the month, both indices are up well over 5% following what's thus far been a stellar earnings cycle. But if there were one day ...

财务表现 - 第一季度运营利润率为5.3%，较去年同期提高了140个基点[1] - 第一季度净利润为9.42亿美元，较去年同期下降0.8%[17] - 第一季度毛利率为27.7%，较去年同期提高了1.4个百分点[20] - 第一季度SG&A费用率为21.1%，较去年同期增加了1.3个百分点[20] - 第一季度净利息费用为1.06亿美元，较去年同期下降27.8%[9] - 第一季度有效所得税率为22.7%，较去年同期增加了1.6个百分点[10] - 第一季度股息为每股1.10美元，较去年同期增加了1.9%[11] 销售情况 - 数字销售下降3.7%，数字销售增长1.4%[1] - 2024年5月4日，Target Corporation的可比销售下降了3.7%，主要由交易数量（流量）和平均交易金额的变化所驱动[21] - 数字化渠道的销售占比在2024年5月4日相比2023年4月29日有所增长，达到18.3%[21] 其他指标 - 过去12个月的投资资本回报率为15.4%，较去年同期增加了4个百分点[13] - Target Circle Card的渗透率在2024年5月4日相比2023年4月29日下降至18.0%[22] - Target Corporation的EBIT在2024年5月4日相比2023年4月29日下降了1.9%，达到1325百万美元[27] - Target Corporation的调整后每股收益在2024年5月4日相比2023年4月29日下降了1.0%，为2.03美元[25] - Target Corporation的投入资本回报率在2024年5月4日达到15.4%，较上一年有所增长[29] - Target Corporation披露了非GAAP财务指标，包括调整后的每股收益，用于提供运营结果的期间比较[24] - Target Corporation披露了非GAAP财务指标EBIT和EBITDA，用于提供有关运营效率的信息[26] - Target Corporation披露了ROIC，用于评估资本分配的有效性[28] - Target Corporation的总店铺数量和零售面积在2024年5月4日相比2023年4月29日有所变化[23]