Free Historical Stock Data on Target Corporation
Stock Symbol: TGT
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Business Description
Target Corporation operates general merchandise discount stores in the United States. The company’s stores offer men’s and women’s clothing, home furnishings, electronic products, sports products, toys, and entertainment products. Target Corporation also sells its merchandise online. In addition, the company offers credit cards to its customers. As of April 21, 2005, the company operated 1,330 stores in 47 states. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
Financial Information
Target Corporation is a general merchandise retailer. As of 8/02, the Company operated 1,107 Target locations, 264 Mervyn's locations, and 64 Marshall Field's locations throughout the U.S. For the 26 weeks ended 8/3/02, revenues rose 14% to $19.66 billion. Net income rose 31% to $689 million. Revenues reflect increased revenues at Target due to the opening of new stores. Earnings also benefited from improved operating margins.
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