Target Corporation

TGT ·Consumer Cyclical, Department Stores, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009 FY2008
Revenue $65.36B $64.95B $63.37B
Cost of Revenue $44.06B $44.16B $42.93B
Gross Profit $21.30B $20.79B $20.44B
Gross Margin 32.6% 32.0% 32.3%
Operating Expenses
Research & Development — — —
SG&A Expense $13.08B $12.95B $12.67B
Operating Income $4.58B $4.40B $5.27B
Operating Margin 7.0% 6.8% 8.3%
Interest Expense $801.0M $866.0M $647.0M
Pretax Income $3.87B $3.54B $4.63B
Income Tax Expense $1.38B $1.32B $1.78B
Net Income $2.49B $2.21B $2.85B
Net Margin 3.8% 3.4% 4.5%
EPS (Basic) $3.31 $2.87 $3.37
EPS (Diluted) $3.30 $2.86 $3.33
Shares Outstanding (Basic) 752.0M 770.4M 845.4M
Shares Outstanding (Diluted) 754.8M 773.6M 850.8M
Dividends Per Share $0.67 $0.62 —
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