Goal Company (NYSE: TGT) reported its second quarter 2024 earnings outcomes right this moment.
Whole income elevated 2.7% YoY to $25.5 billion. Comparable gross sales elevated 2%.
Web earnings elevated 43% to $1.2 billion, or $2.57 per share, in comparison with final 12 months. Adjusted EPS was $2.57.
Income and earnings beat expectations, sending the inventory hovering over 15% in premarket hours on Wednesday.
For the third quarter of 2024, Goal expects a 0-2% improve in comparable gross sales. GAAP and adjusted EPS are each anticipated to vary between $2.10-2.40.
The corporate elevated its earnings outlook for the complete 12 months of 2024 and now expects GAAP and adjusted EPS of $9.00-9.70, versus the prior vary of $8.60-9.60.