Target Corp
TGT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| th> | LOCK|gp | LOCK|ps>p$c |
Target Earnings: Gross Margin Gains Offset Lingering Traffic Headwinds; Shares Fairly Valued
Target's fourth-quarter results included a 2.5% decline in comp sales and adjusted EPS of $2.44, up 1.5%. Gross margin expanded 40 basis points to 26.6%, reflecting lower shrinkage and fulfillment costs and growth in advertising sales, while being partly offset by higher product and import costs.
