Target Corp
TGT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Zm | LOCK|^!z | LOCK|@&cckh |
Target Earnings: Traffic Surges, but Recovery Still Demands Heavy Investment; Shares Fairly Valued
Target's first-quarter results featured a 5.6% increase in comparable sales and an adjusted EPS of $1.71 (up 32%). Gross margin expanded 80 basis points to 29%, driven by supply chain productivity, lower markdowns, and high-margin revenue streams like Roundel, partly offset by higher product costs.
