{"id":28931,"date":"2014-08-20T10:46:22","date_gmt":"2014-08-20T14:46:22","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=28931"},"modified":"2014-08-20T10:46:22","modified_gmt":"2014-08-20T14:46:22","slug":"target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931","title":{"rendered":"Target Corporation (NYSE:TGT) Announces Q2 2014 Earnings, Sales Touches $449 million Mark"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/20\/2014 (wallstreetpr) \u2013 <strong>Target Corporation (NYSE:TGT) <\/strong>has announced the earnings for the Q2 2014. Overall performance of TGT is good in terms of sales and profit figures.<\/p>\n<p style=\"text-align: justify;\"><strong>Financial results: <\/strong><\/p>\n<p style=\"text-align: justify;\">Earnings per share for the Q2 were <a href=\"http:\/\/seekingalpha.com\/pr\/10809895-target-reports-second-quarter-2014-earnings?app=n\" target=\"_blank\">$0.78 per share<\/a>, while the GAAP EPS for the same period was $0.37. The Target Corporation (NYSE:TGT) outperformed the industry in terms of digital sales growth. According to reports, the digital sales of the company (including flexible fulfillment) grew by 30% during Q2 2014. It was almost double than the growth rate of digital sales industry. When it comes to the U.S. Segment transactions, Target Corporation (NYSE:TGT) posted a negative figure of -1.3% that was better than the previous (-2.3%) quarter.<\/p>\n<p style=\"text-align: justify;\">Sales in Canadian segment showed an eye-popping growth rate of 63.1%. It touched hefty $449 million figure in comparison with $275 million of previous year&#8217;s. Company did not only earn for itself, but also distributed significant dividends to its shareholders. According to reports, it distributed total $272 million worth of dividends in Q2 2014, 18% more than the $231 million dividends of Q2 2013. As a result of this excellent growth, management decided to increase the quarterly dividend by 21% from 43 cents to 52 cents per share. The dividend is payable on September 10.<\/p>\n<p style=\"text-align: justify;\">According to John Mulligan, CFO and Executive VP of Target Corporation (NYSE:TGT), \u201cAlthough the financial result of Q2 2014 is not up to our expectations, but it has certainly shown the progress for the coming months.&#8221; The management is quite confident about higher financial figures in the Q3 2014. The financial results in New York and Canada locations were decent, but they will surely improve over a period. The sales in US market have improved in last few months, in July it was 1% up than the previous month. It is making important changes in Canada to improve the operational and financial efficiency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/20\/2014 (wallstreetpr) \u2013 Target Corporation (NYSE:TGT) has announced the earnings for the Q2 2014. Overall performance of TGT is good in terms of [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":14697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[803,905,1915],"stock_ticker":[],"class_list":["post-28931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nysetgt","tag-target-corporation","tag-target-corporation-nysetgt","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Target Corporation (NYSE:TGT) Announces Q2 2014 Earnings, Sales Touches $449 million Mark - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Target Corporation (NYSE:TGT) Announces Q2 2014 Earnings, Sales Touches $449 million Mark - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/20\/2014 (wallstreetpr) \u2013 Target Corporation (NYSE:TGT) has announced the earnings for the Q2 2014. Overall performance of TGT is good in terms of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-20T14:46:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/02\/target.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Folin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Folin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931\"},\"author\":{\"name\":\"Greg Folin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e\"},\"headline\":\"Target Corporation (NYSE:TGT) Announces Q2 2014 Earnings, Sales Touches $449 million Mark\",\"datePublished\":\"2014-08-20T14:46:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931\"},\"wordCount\":311,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/02\/target.jpg\",\"keywords\":[\"NYSE:TGT\",\"Target Corporation\",\"Target Corporation (NYSE:TGT)\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/target-corporation-nysetgt-announces-q2-2014-earnings-sales-touches-449-million-mark-28931\",\"name\":\"Target Corporation (NYSE:TGT) Announces Q2 2014 Earnings, Sales Touches $449 million Mark - 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