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Target (TGT) Q1 2024 Earnings Call Transcript. Logo of jester cap with thought bubble. Image source: The Motley Fool. Target(NYSE: TGT) Q1 2024 Earnings Call May 22, 2024, 8:00 a.m. ET.
Target reported net income of $942 million, or $2.03 per share, which is 3 cents short of analysts projections, according to a survey by FactSet. Profit for the period ended May 4 was also below ...
May 20, 2024 at 6:22 AM. Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and more Americans pay closer ...
The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
Cornell has hired many outsiders to update the corporate culture. Cornell occasionally visits Target stores and asks guests about their shopping experiences. As CEO, Cornell has been praised by outlets such as CNN, describing him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s.
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton ...
Target CEO was paid $18.1 million in 2023. Tribune. Patrick Kennedy, Star Tribune. April 29, 2024 at 5:55 PM. In a year when Target chairman and CEO Brian Cornell saw his compensation fall 47% ...
Bob Ulrich. Robert J. Ulrich (born 1944) is an American retired businessman who was the chief executive officer and chairman of the Target Corporation, the second-largest mass merchandise retailer in the United States. Ulrich is credited with crafting Target's unique brand and marketing image and focus, which is widely considered to be a key ...