Target Corporation

EPS GAAP, Q3 FY2023

Target Corporation expects EPS GAAP of $1.2 per share to $1.6 per share for Q3 FY2023.

Guided $1.2 to $1.6 per share on 16 Aug 2023; reported $2.1 per share 91 days later; above the range by 31.3%, better than guided.

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Status
missed better than guided
Guided
$1.2 to $1.6 per share
Stated
2023-08-16
Reported
$2.1 per share
Outcome date
2023-11-15
Days to falsifiable
91
Acknowledged
yes, 2023-11-15 (0 days after the outcome)

The guidance

For the third quarter, the Company expects comparable sales in a wide range around a mid-single digit decline, and GAAP and Adjusted EPS of $1.20 to $1.60.

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

The outcome

The Company reported third quarter GAAP and Adjusted earnings per share1 (EPS) of $2.10, up 36.3 percent from $1.54 in 2022.

8-K 0000027419-23-000048, filed 2023-11-15 View on EDGAR

The acknowledgement

Third quarter GAAP and Adjusted EPS1 of $2.10 was 36 percent higher than a year ago and above the high end of the Company's guidance range, reflecting disciplined inventory and expense management.

8-K 0000027419-23-000048, filed 2023-11-15 View on EDGAR

Review

review: hand-reviewed

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