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2011 Annual Shareholders Report

Joined
Jan 1, 2012
Messages
247
Hey guys.. any idea when Target plans on releasing the profit and revenue numbers for 2011? I always like to look at the shareholders report and see how much moolah the company made. I'm sure they're already screaming profits for the 2012 year due to all the cuts in payroll and benefits lol. Thanks guys!
 
Joined
Jan 10, 2012
Messages
7
I dont know specific details, but was told today that things are being put on hold. Taking too much from Softline floorpad (apparel and accessories) and not seeing the return in pfresh.
 
Joined
Jun 8, 2011
Messages
30,593
it is suggested to read the link for complete details

http://investors.target.com/phoenix.zhtml?c=65828&p=irol-newsArticle&ID=1664322&highlight=

February 23, 2012 8:00 AM

Target's 4Q profit declines 5.2 percent

(AP) NEW YORK — Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.
The discounter says that it earned $981 million, or $1.45 per share, in the three months ended Jan. 28. That compares with $1.04 billion, or $1.45 per share, in the year-ago period.
Revenue rose 3.3 percent to $20.94 billion.
Analysts had expected $1.40 per share on revenue of $21.23 billion, according to FactSet.

The retailer, based in Minneapolis, had reduced its fourth quarter earnings outlook in January after a disappointing holiday season.
 
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