Early Access

10-QPeriod: Q2 FY2009

TARGET CORP Quarterly Report for Q2 Ended Aug 2, 2008

Filed August 29, 2008For Securities:TGT

Summary

Target Corporation's (TGT) Form 10-Q for the period ending August 2, 2008, reveals a company navigating a challenging economic environment. While the company is a large accelerated filer, indicating significant market capitalization, the filing details its financial performance and operational status during the quarter. Investors should pay close attention to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" for insights into the company's strategies and outlook amidst macroeconomic headwinds. The report includes the standard consolidated financial statements: Statements of Operations, Financial Position, Cash Flows, and Shareholders' Investment, along with accompanying notes. These statements provide the quantitative data necessary to assess Target's financial health, profitability, and liquidity. Key areas to scrutinize include revenue trends, cost management, inventory levels, and cash flow generation, particularly in light of the prevailing economic conditions which could impact consumer spending.

Financial Statements
Beta
Revenue$15.47B
Cost of Revenue$10.30B
Gross Profit$5.17B
SG&A Expenses$3.15B
Interest Expense$217.00M
Net Income$634.00M
EPS (Basic)$0.82
EPS (Diluted)$0.82
Shares Outstanding (Basic)770.30M
Shares Outstanding (Diluted)773.90M

Key Highlights

  • 1Target Corporation filed its quarterly report (10-Q) for the period ended August 2, 2008.
  • 2The company is classified as a large accelerated filer, signifying substantial market capitalization.
  • 3The filing includes comprehensive financial statements: Statements of Operations, Financial Position, Cash Flows, and Shareholders' Investment.
  • 4Notes to the Consolidated Financial Statements provide crucial details and context for the reported figures.
  • 5Management's Discussion and Analysis (MD&A) section is critical for understanding the company's performance drivers and outlook.
  • 6The report covers disclosures regarding market risk and internal controls and procedures.
  • 7No significant legal proceedings or unregistered sales of equity securities are immediately highlighted as major events within this filing's structure.

Frequently Asked Questions