UEI COLLEGE GARDENA BUSINESS OFFICE ADMINISTATION BUSINESS BASICS MOD.130/KEY TERMS FRANK EZENEKWE/ MBA PRESENTED BY, NICOLE HUNTER 10/30/2018
FINANCIAL ADVISERS COMPANY
TARGET
TARGET CORPORATION IS THE SECOND- LARGEST DEPARTMENT STORE RETAILER IN THE UNITED STATES, BEHIND WALMART, AND IS A COMPONENT OF THE S&P 500 INDEX. FOUNDED BY GEORGE DAYTON AND HEADQUARTERED IN MINNEAPOLIS, MINNESOTA, THE COMPANY WAS ORIGINALLY NAMED GOODFELLOW DRY GOODS IN JUNE 1902 BEFORE BEING RENAMED THE DAYTONS DRY GOODS COMPANY IN 1903 AND LATER THE DAYTON COMPANY IN 1910.
THIS IS A LONG TERM INVESTMENT BECAUSE TARGET’S BEEN A PRETTY CONSISTENT GROWER. ANNUAL SALES HAVE DECLINED JUST THREE TIMES OVER THE PAST 23 YEARS, ACCORDING TO DATA FROM S&P GLOBAL MARKET INTELLIGENCE. THE FIRST TWO TIMES THAT SALES FELL– INCLUDING DURING THE DATA-BREACH HACK DURING THE 2013 HOLIDAY SHOPPING SEASON -- IT BOUNCED BACK THE FOLLOWING YEAR.
TGT COMPANY FINANCIALS $87.38 *022 UP 0.25% CHART TITLE 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 TOTAL REVENUE NET INCOME TOTAL LIABILITIES
• $$$ ANNUAL INCOME STATEMENT {VALUES IN 000’S } GET QUATERLY DATA PERIOD ENDING: TREND 10/31/2018 01/28/2017 01/30/2016 01/31/2015 TOTAL REVENUE $71,879,000 $69,495,000 $73,785,000 $72,618,000 NET INCOME $2,934,000 $2,727,000 $3,363,000 $1,636,000 TOTAL LIABILITIES $27,290,000 $26,290,000 $27,305,000
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 {d} OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT {DATE OF EARLIEST EVENT REPORTED } JANUARY 30, 2018 TARGET CORPORATION {EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER}. MINNESOTA {STATE OR OTHER JURISDICTION OF INCORPORATION}. 1-6049 {COMMISSION FILE NUMBER} 41-0215170{IRS EMPLOYER IDENTIFICATION NO}. 1000 NICOLLET MALL, MINNEAPOLIS, MINNESOTA 55403 {ADDERSS OF PRINCIPAL EXECUTIVE OFFICES , INCLUDING ZIP CODE} {612} 304-6073 {REGISTRANT TELEPHONE NUMBER , INCLUDING AREA CODE}