TARGET CORP
For the period ended Jan 31, 2026. Filed Mar 11, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Mar 11, 2026
TGT$165.90+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| FINANCIAL STATEMENTS | Table of Contents |
| Index to Financial Statements |
Consolidated Statements of Operations
| (millions, except per share data) | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net sales | $104,780 | $106,566 | $107,412 |
| Cost of sales | 75,511 | 76,502 | 77,828 |
| Selling, general, and administrative expenses | 21,535 | 21,969 | 21,462 |
| Depreciation and amortization (exclusive of depreciation included in cost of sales) | 2,617 | 2,529 | 2,415 |
| Operating income | 5,117 | 5,566 | 5,707 |
| Net interest expense | 445 | 411 | 502 |
| Net other income | (95) | (106) | (92) |
| Earnings before income taxes | 4,767 | 5,261 | 5,297 |
| Provision for income taxes | 1,062 | 1,170 | 1,159 |
| Net earnings | $3,705 | $4,091 | $4,138 |
| Basic earnings per share | $8.16 | $8.89 | $8.96 |
| Diluted earnings per share | $8.13 | $8.86 | $8.94 |
| Weighted average common shares outstanding | |||
| Basic | 454.1 | 460.4 | 461.5 |
| Diluted | 455.6 | 461.8 | 462.8 |
| Antidilutive shares | 2.1 | 0.5 | 2.1 |
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