# TARGET CORPORATION (TGT) FY2024 Annual P&L / Income Statement

- Company: TARGET CORPORATION (TGT)
- Period: 2024-02-04 to 2025-02-01
- Filing: FY2024 10-K, filed 2025-03-12, accession number 0000027419-25-000018
- Page: https://plicit.ai/financials/tgt/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/tgt-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-02-04 through 2025-02-01. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 106,566,000,000 US dollars
- **Cost of sales**: 76,502,000,000 US dollars
- **Gross profit (calculated)**: 30,064,000,000 US dollars
- **Operating expenses (calculated)**: 24,498,000,000 US dollars
- **Operating income**: 5,566,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 305,000,000 US dollars
- **Earnings before income taxes**: 5,261,000,000 US dollars
- **Provision for income taxes**: 1,170,000,000 US dollars
- **Net earnings**: 4,091,000,000 US dollars
- **Advertising revenue**: 649,000,000 US dollars
- **Credit card profit sharing**: 576,000,000 US dollars
- **Other**: 521,000,000 US dollars
- **Apparel and accessories**: 16,505,000,000 US dollars
- **Beauty**: 13,173,000,000 US dollars
- **Food and beverage**: 23,828,000,000 US dollars
- **Hardlines**: 15,784,000,000 US dollars
- **Home furnishings and décor**: 16,699,000,000 US dollars
- **Household essentials**: 18,614,000,000 US dollars
- **Other merchandise sales**: 217,000,000 US dollars
- **Selling, general, and administrative expenses**: 21,969,000,000 US dollars
- **Depreciation and amortization (exclusive of depreciation included in cost of sales)**: 2,529,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.