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Target | 10-Q: Q2 2025 Earnings Report

Target | 10-Q: Q2 2025 Earnings Report

塔吉特 | 10-Q:2025财年二季报
美股SEC公告 ·  08/30 11:57

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Target Corporation reported strong Q2 2024 results, with GAAP and adjusted EPS rising 42.4% to $2.57. Total revenue increased 2.7% to $25.5 billion, driven by a 2.6% rise in total sales and a 10.8% jump in other revenue. Comparable sales grew 2.0%, reflecting a 3.0% increase in traffic partially offset by a 0.9% decrease in average transaction amount.Operating income surged 36.6% to $1.6 billion compared to the prior year. The gross margin rate improved to 28.9% from 27.0%, benefiting from merchandising activities and favorable category mix. However, the SG&A expense rate increased slightly to 21.2% due to investments in team member pay and benefits.Target maintained its strong financial position with $3.5 billion in cash and cash equivalents. The company continued its capital allocation strategy, paying $1.017 billion in dividends and repurchasing $155 million in shares during the first half of 2024. Target also reported an after-tax return on invested capital of 16.6% for the trailing twelve months, up from 13.7% in the comparable prior-year period.
Target Corporation reported strong Q2 2024 results, with GAAP and adjusted EPS rising 42.4% to $2.57. Total revenue increased 2.7% to $25.5 billion, driven by a 2.6% rise in total sales and a 10.8% jump in other revenue. Comparable sales grew 2.0%, reflecting a 3.0% increase in traffic partially offset by a 0.9% decrease in average transaction amount.Operating income surged 36.6% to $1.6 billion compared to the prior year. The gross margin rate improved to 28.9% from 27.0%, benefiting from merchandising activities and favorable category mix. However, the SG&A expense rate increased slightly to 21.2% due to investments in team member pay and benefits.Target maintained its strong financial position with $3.5 billion in cash and cash equivalents. The company continued its capital allocation strategy, paying $1.017 billion in dividends and repurchasing $155 million in shares during the first half of 2024. Target also reported an after-tax return on invested capital of 16.6% for the trailing twelve months, up from 13.7% in the comparable prior-year period.
塔吉特公司报告了2024年第二季度强劲的业绩,GAAP和调整后的每股收益上升42.4%,达到$2.57。总营业收入增长2.7%,达到255亿,主要由总销售额上升2.6%和其他收入激增10.8%驱动。可比销售额增长2.0%,反映出流量增加3.0%,部分抵消了交易金额平均下降0.9%。与去年同期相比,营业收入激增36.6%,达到16亿。毛利率提高至28.9%,而去年为27.0%,受益于商品活动和有利的类别组合。然而,销售和管理费用率轻微上升至21.2%,这是由于对团队成员薪酬和福利的投资。塔吉特维持了其强大的财务状况,现金及现金等价物为35亿。该公司继续其资本配置策略,在2024年上半年支付了10.17亿的分红派息,并回购了15500万的股票。塔吉特还报告了过去12个月的税后投资资本回报率为16.6%,相比于去年同期的13.7%有所上升。
塔吉特公司报告了2024年第二季度强劲的业绩,GAAP和调整后的每股收益上升42.4%,达到$2.57。总营业收入增长2.7%,达到255亿,主要由总销售额上升2.6%和其他收入激增10.8%驱动。可比销售额增长2.0%,反映出流量增加3.0%,部分抵消了交易金额平均下降0.9%。与去年同期相比,营业收入激增36.6%,达到16亿。毛利率提高至28.9%,而去年为27.0%,受益于商品活动和有利的类别组合。然而,销售和管理费用率轻微上升至21.2%,这是由于对团队成员薪酬和福利的投资。塔吉特维持了其强大的财务状况,现金及现金等价物为35亿。该公司继续其资本配置策略,在2024年上半年支付了10.17亿的分红派息,并回购了15500万的股票。塔吉特还报告了过去12个月的税后投资资本回报率为16.6%,相比于去年同期的13.7%有所上升。
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