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Target's Sales Down By 1.7% But Profits Jump In 2023
塔吉特塔吉特(US:TGT) Forbes·2024-03-05 23:29

Target’s capital expenditure hit 4.8billionlastyear.(PhotobyLindaRosier/NYDailyNews...[+]ArchiveviaGettyImages)NYDailyNewsviaGettyImagesTargetTGTCorporationstockspikedinthismorning’spre−marketastheretailerunveiledabigjumpinoperatingincomefor2023,upbynearly4.8 billion last year. (Photo by Linda Rosier/NY Daily News ... [+] Archive via Getty Images)NY Daily News via Getty ImagesTarget TGT Corporation stock spiked in this morning’s pre-market as the retailer unveiled a big jump in operating income for 2023, up by nearly 2 billion compared to 2022 despite sales falling by 1.6% to 107.4billion.Netearningsforthe12monthsendingFebruary3hit107.4 billion.Net earnings for the 12 months ending February 3 hit 4.14 billion, up from $2.78 billion, helped by a big rise in the company’s operat ...