operating margin GAAP, FY2022
Target Corporation expects operating margin GAAP of at least 8% for FY2022.
Guided at least 8% on 1 Mar 2022; reported 3.7% 364 days later; below the range by 53.8%, worse than guided.
01FX1CDM007FCRA8ER59QY0114
- Status
- missed worse than guided
- Guided
- at least 8%
- Stated
- 2022-03-01
- Reported
- 3.7%
- Outcome date
- 2023-02-28
- Days to falsifiable
- 364
- Acknowledged
- no
The guidance
For fiscal year 2022, the Company expects low- to mid-single digit revenue growth, an operating margin rate of 8 percent or higher, low-single digit growth in operating margin dollars, and high-single digit growth in Adjusted Earnings per Share.
8-K 0000027419-22-000002, filed 2022-03-01 View on EDGAR
The outcome
Fourth quarter operating income margin rate was 3.7 percent in 2022 compared with 6.8 percent in 2021.
8-K 0000027419-23-000010, filed 2023-02-28 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.