operating margin GAAP, FY2021
Target Corporation expects operating margin GAAP of at least 7% for FY2021.
Guided at least 7% on 19 May 2021; reported 8.4% 286 days later; inside the range.
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- Status
- met
- Guided
- at least 7%
- Stated
- 2021-05-19
- Reported
- 8.4%
- Outcome date
- 2022-03-01
- Days to falsifiable
- 286
- Acknowledged
- no
The guidance
The Company expects positive single-digit comparable sales growth in the last two quarters of the year, and expects its full-year operating margin rate will be well above the 2020 rate of 7.0 percent, with the potential to reach 8 percent or somewhat higher.
8-K 0000027419-21-000013, filed 2021-05-19 View on EDGAR
The outcome
Operating income margin rate of 8.4 percent expanded nearly 150 basis points from 2020.
8-K 0000027419-22-000002, filed 2022-03-01 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.