Target Corporation (TGT) Q4 2023 Earnings Call Transcript

Mar. 05, 2024 3:32 PM ETTarget Corporation (TGT) StockTGT
SA Transcripts
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Q4: 2024-03-05 Earnings Summary

EPS of $2.98 beats by $0.57
 | Revenue of $31.92B (1.67% Y/Y) beats by $69.38M

Call Start: 09:00 January 1, 0000 11:07 AM ET

Target Corporation (NYSE:TGT)
Q4 2023 Earnings Conference Call
March 05, 2024, 09:00 AM ET

Company Participants

John Hulbert - Vice President Investor Relations
Brian Cornell - Chair & Chief Executive Officer
Christina Hennington - Chief Growth Officer
Michael Fiddelke - Chief Operating Officer, Chief Financial Officer
Rick Gomez - Chief Food, Essentials and Beauty Officer
Jill Sando - Chief Merchandising Officer of Apparel & Accessories, Home and Hardlines
Cara Sylvester - Chief Guest Experience Officer

Conference Call Participants

Simeon Gutman - Morgan Stanley
Unidentified Analyst – Unidentified Company
Scot Ciccarelli - Truist
Mike Baker - D. A. Davidson
Danny Brett Hower – HSBC
Greg Melich - Evercore ISI
Edward Yruma - Piper Sandler
Robert Drbul - Guggenheim Securities
Ivan Feinseth - Tigress Financial Partners
Christopher Horvers - J.P. Morgan

John Hulbert

Good morning, everyone, and welcome to our 2024 Financial Community Meeting. I'd like to start by welcoming the investors and others who are attending this meeting in person with us.

And of course, we're happy that many, many more of you are attending the meeting remotely. Brian's going to kick off the meeting in a minute, but first I have a couple of important disclosures.

First, any forward-looking statements that we make this morning are subject to risks and uncertainties, the most important of which are described in our SEC filings. And second, in today's remarks, we refer to non-GAAP financial measures, including adjusted earnings per share. Reconciliations of all non-GAAP measures to the most directly comparable GAAP measure are included in our financial press releases, financial presentations and SEC filings, which are posted on our investor relations website.

With that, I'll turn it over to Brian to get things started.

Brian Cornell

Good morning, and thanks for joining us. We're looking

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