Target Corporation

Summary Description
Target Corporation (NYSE: TGT) is the second largest general merchandise and food discount chain retailer in the U.S. Target sells a number of products from household essentials, home furnishings, and kitchenware to fashion apparel, multimedia entertainment, groceries, and pet supplies. Target operates through roughly 1,740 brick-and-mortar Target and SuperTarget stores in 49 states, as well as online through Target.com. Target also supplies credit to its customers through its proprietary Target Visa and Target Card.

Key Competitors
Costco Wholesale Corporation
Kmart Corporation
Wal-Mart Stores, Inc.

Summary Financials
Fiscal Year-End: January
2010 Sales (mil.): $65,357.0
1-Year Sales Growth: 0.6%
2010 Net Income (mil.): $2,488.0
1-Year Net Income Growth: 12.4%

Company Industry Median Market Median
Price/Sales Ratio 0.65 0.52 3.48
Price/Earnings Ratio 17.18 17.33 25.58

© 2010 Morningstar, Inc. Financial Data provided by

Reason to Own
• With consumer spending down and unemployment up, discount retailers are positioned to be more attractive to consumers

Reasons to Sell
•

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