Target Corporation

EPS GAAP, Q2 FY2023

Target Corporation expects EPS GAAP of $1.3 per share to $1.7 per share for Q2 FY2023.

Guided $1.3 to $1.7 per share on 17 May 2023; reported $1.8 per share 91 days later; above the range by 5.9%, better than guided.

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Status
missed better than guided
Guided
$1.3 to $1.7 per share
Stated
2023-05-17
Reported
$1.8 per share
Outcome date
2023-08-16
Days to falsifiable
91
Acknowledged
yes, 2023-08-16 (0 days after the outcome)

The guidance

GAAP EPS and Adjusted EPS are both expected to range from $1.30 to $1.70.

8-K 0000027419-23-000023, filed 2023-05-17 View on EDGAR

The outcome

Second quarter GAAP and Adjusted EPS1 of $1.80 was more than 4 times higher than a year ago and above the high end of the Company's guidance range, reflecting a meaningful profit recovery from last year’s inventory actions.

8-K 0000027419-23-000032, filed 2023-08-16 View on EDGAR

The acknowledgement

Second quarter GAAP and Adjusted EPS1 of $1.80 was more than 4 times higher than a year ago and above the high end of the Company's guidance range, reflecting a meaningful profit recovery from last year’s inventory actions.

8-K 0000027419-23-000032, filed 2023-08-16 View on EDGAR

Review

review: hand-reviewed

Reviewed by hand by Navneet on 2026-09-22.