Target Corporation
Target Corporation

Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home dcor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Caf, Target Optical, Starbucks, and other food service offerings. The...
Founded: 1902
Full Time Employees: 2,022
CEO: Brian Cornell  
Sector: Consumer Defensive
Industry: Discount Stores
Next Earnings Date: 2023-03-01
Stock price: $164.13 (-0.54%)
By: ghostbuster lazy guy   💬 5   
   on Nov 17, 2022

I had to say I didn’t see this coming given how badly $tgt ER was yesterday. $m

Target shares plunge after retailer reports profit decline, warns of soft holiday quarter
By: tachyon Very lazy guy   💬 23   
   on Nov 16, 2022 they still make a lot of money

It plans to cut up to $3 billion in total costs over the next three years. 

in case you haven't noticed we are in a recession yet this is the signal. $tgt

Costco just opened a new shop in Shanghai
By: ssmlee04 Community Lead :))   💬 98   
   on Aug 29, 2019

Costco just opened the first store in Shanghai this week, it is also the first store in China. Apparently it's so popular that you need to wait for hours to stay in the line or enter and exit the parking lot. It's so popular that they had to shut down the store at a point. That buzz drove the stock price up 5% to a p/e ratio over 35. It's quite high if you compare with other retailers like Target or Walmart you'll see they have much lower valuations compare to Costco.

For international companies to enter China it's usually a good idea to start in Shanghai. It's more likely you're targeting the highest paid users in the entire country, also you'd be facing user behaviors similar to those in many other existing countries. So it's only natural for them to open their first shop there.

And although their refund policy says you can return anything, at any time, no questions asked, according to them only a small percentage of people do it so on average you'll be ok. Also even if you do it it will be the suppliers taking the losses on the returns. So even for the worst case scenario like in a trade war all Chinese people go there and request refund on everything in theory they'd still be ok and walk free. Which is something I find interesting how they can get their suppliers to agree on these terms and still provide you all these great, unique products that you cannot find in other retailers. Great business model maybe not recently but I can see very long term growth on this company.

long $cost $wmt $tgt $kr

Target revenue and earnings beat
By: jocelyn lazy guy   💬 13   
   on Aug 25, 2019

Target up 19% on earnings and revenue beat. Have always loved shopping at Target the logo and store is generally nice. After the jump the p/e is still much lower than Costco. Looking good ahead maybe it's a good buy when it pulls back.

long $tgt neutral $cost