operating margin GAAP, Q1 FY2023
Target Corporation expects operating margin GAAP of 4% to 5% for Q1 FY2023.
Guided 4% to 5% on 28 Feb 2023; reported 5.2% 78 days later; above the range by 4.0%, better than guided.
01GTAN3800J11PV4X345TVJTA4
- Status
- missed better than guided
- Guided
- 4% to 5%
- Stated
- 2023-02-28
- Reported
- 5.2%
- Outcome date
- 2023-05-17
- Days to falsifiable
- 78
- Acknowledged
- no
The guidance
For first quarter 2023, the Company expects comparable sales in a wide range, from a low-single digit decline to a low-single digit increase, and an operating income margin rate of 4 to 5 percent.
8-K 0000027419-23-000010, filed 2023-02-28 View on EDGAR
The outcome
First quarter operating income margin rate was 5.2 percent in 2023, compared with 5.3 percent in 2022.
8-K 0000027419-23-000023, filed 2023-05-17 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.