TITLE

TARGET 4TH-QUARTER EARNINGS FALL 8.2%

AUTHOR(S)
Clark, Evan
PUB. DATE
February 2008
SOURCE
WWD: Women's Wear Daily;2/27/2008, Vol. 195 Issue 43, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of discounter Target in Minneapolis, Minnesota, in the fourth quarter of 2007. Target's fourth-quarter earnings fell to $1.03 billion, or $1.23 a diluted share, from $1.12 billion, or $1.29, a year earlier. Gross margins were hurt by price promotions to move goods once sales shaped up to be slower than anticipated. Total revenues for the quarter, which ended on February 2, 2008, inched up 0.8 percent to $19.87 billion, versus $19.71 billion a year earlier.
ACCESSION #
31275970

 

Related Articles

  • More Woes at Target.  // MMR;9/15/2014, Vol. 31 Issue 15, p5 

    The article reports on the financial performance of American retailer Target Corp. as of the second quarter of 2014. Among the key indicators of the firm's performance include its net income for a three-month period ending on August 2, 2014, the consolidated sales and gross margin, and interest...

  • Target on Upswing.  // MMR;3/29/2010, Vol. 27 Issue 6, p7 

    The article reports on the improving business performance of Target Corp. in 2009 in Minneapolis, Minnesota. It indicates that the company experienced a strong return to profitability in its credit card business and gross margin performance. Moreover, it states that Target Corp.'s net income in...

  • Vinamilk profit exceeds target.  // Dairy Industries International;Jan2008, Vol. 73 Issue 1, p11 

    The article reports on the strong financial performance of top Vietnamese dairy company Vinamilk in 2007. The company has made a gross profit of 923 billion dong in the first 11 months, 2.8% more than the target for the whole of the year. It had revenues of 6.22 trillion dong in the first 11...

  • RadioShack's Q1 Profits Quadruple, But Sales Decline. Wolf, Alan // TWICE: This Week in Consumer Electronics;5/7/2007, Vol. 22 Issue 10, p1 

    The article reports on the financial performance of RadioShack in the U.S. in the first quarter which ended on March 31, 2007. The author said that significant reductions in selling, general and administrative (SG&A) expenses and improved gross margins helped the company increase its...

  • Denim, Accessories Buoy Sales at Guess. Sarkisian-Miller, Nola // WWD: Women's Wear Daily;5/11/2005, Vol. 189 Issue 100, p15 

    Reports on the financial performance of Guess Inc. as of May 11, 2005. Key initiatives that drive the sales growth of Guess in 2005; Net income of the company in 2004; Increase in gross margins in 2005.

  • Apple posts record Q1 revs. Taylor, Colleen // Electronic News;1/22/2007, Vol. 53 Issue 4, p30 

    The article reports on the financial performance of Apple Inc. for the first quarter ended December 30, 2006. The company reported record revenue of $7.1 billion. It also posted record net quarterly profits of $1.0 billion in the first quarter. Gross margin was 31.2% while international sales...

  • ST Profits Held Down by Charges.  // Electronic News;8/1/2005, Vol. 51 Issue 31, pN.PAG 

    Reports on the financial performance of Geneva, Switzerland-based STMicroelectronics for the second quarter ended July 2, 2005. Net revenues posted by the company; Comparison between the second quarter performance of the company in 2004 and 2005; Total value of the operating income; Factor that...

  • Wabash net sales, income climb in 1Q.  // Trailer / Body Builders;May2005, Vol. 46 Issue 7, p6 

    Reports on the financial performance of Wabash National Corp. for the three months ended March 31, 2005. Net sales for the period; Comparison of the net income earned during the period over the same period in 2004; Increase in the gross margin of the company.

  • Wireless, Computer Apps Sustain ST Sales.  // Electronic News;10/31/2005, Vol. 51 Issue 44, pN.PAG 

    This article reports on the profits posted by STMicroelectronics for the third quarter ended October 1, 2005. Gross profit increased 7.3 percent sequentially to $766 million from $714 million in the second quarter, while gross margin was 34.1 percent in the third quarter, compared to 33 percent...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics