# TARGET CORPORATION (TGT) FY2024 Q1 P&L / Income Statement

- Company: TARGET CORPORATION (TGT)
- Period: 2024-02-04 to 2024-05-04
- Filing: Q1 FY2024 10-Q, filed 2024-05-31, accession number 0000027419-24-000129
- Page: https://plicit.ai/financials/tgt/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/tgt-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service (9 categories)

Income statement for 2024-02-04 through 2024-05-04. View: Product and service (9 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 24,531,000,000 US dollars
- **Cost of sales**: 17,449,000,000 US dollars
- **Gross profit (calculated)**: 7,082,000,000 US dollars
- **Operating expenses (calculated)**: 5,786,000,000 US dollars
- **Operating income**: 1,296,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 77,000,000 US dollars
- **Earnings before income taxes**: 1,219,000,000 US dollars
- **Provision for income taxes**: 277,000,000 US dollars
- **Net earnings**: 942,000,000 US dollars
- **Apparel & accessories**: 3,897,000,000 US dollars
- **Beauty**: 3,119,000,000 US dollars
- **Food & beverage**: 5,853,000,000 US dollars
- **Hardlines**: 3,160,000,000 US dollars
- **Home furnishings & decor**: 3,519,000,000 US dollars
- **Household essentials**: 4,549,000,000 US dollars
- **Other**: 46,000,000 US dollars
- **Credit card profit sharing**: 142,000,000 US dollars
- **Other**: 246,000,000 US dollars
- **Selling, general and administrative expenses**: 5,168,000,000 US dollars
- **Depreciation and amortization (exclusive of depreciation included in cost of sales)**: 618,000,000 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.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/tgt/fy2024-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/tgt-fy2024-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-02-04 through 2024-05-04. View: Product and service (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 24,531,000,000 US dollars
- **Cost of sales**: 17,449,000,000 US dollars
- **Gross profit (calculated)**: 7,082,000,000 US dollars
- **Operating expenses (calculated)**: 5,786,000,000 US dollars
- **Operating income**: 1,296,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 77,000,000 US dollars
- **Earnings before income taxes**: 1,219,000,000 US dollars
- **Provision for income taxes**: 277,000,000 US dollars
- **Net earnings**: 942,000,000 US dollars
- **Sales**: 24,143,000,000 US dollars
- **Other revenue**: 388,000,000 US dollars
- **Selling, general and administrative expenses**: 5,168,000,000 US dollars
- **Depreciation and amortization (exclusive of depreciation included in cost of sales)**: 618,000,000 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.