LONDON, March 25, 2015 /PRNewswire/ --

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Investor-Edge.com has issued free earnings notes on Target Corp. (NYSE: TGT). On February 25, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended January 31, 2015). Click on http://get.Investor-Edge.com/pdf/?c=Target&d=25-Mar-2015&s=TGT to read our free earnings review on Target Corporation (Target). In Q4 FY14 and FY14, the company's sales increased 4.1% Y-o-Y and 1.9% Y-o-Y, respectively. Chairman and CEO of Target, Brian Cornell, stated that the company is pleased with its Q4 FY14 financial results, which were driven by better-than-expected sales and particularly strong performance in its signature categories-style, baby, kids and wellness. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Target&d=25-Mar-2015&s=TGT

Earnings Overview

During Q4 FY14, Target's sales grew to $21.75 billion from $20.89 billion in Q4 FY13. The company's reported quarter sales outperformed Bloomberg analyst's forecasts of $21.63 billion. Moreover, Target's comparable sales increased 3.8% in Q4 FY14 versus a decline of 2.5% in Q4 FY13. Free research on TGT can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Target&d=25-Mar-2015&s=TGT

For Q4 FY14, Target's net earnings from continuing operations increased to $960 million from $780 million in Q4 FY13. The company's GAAP diluted earnings per share (EPS) from continuing operations were $1.49 in Q4 FY14, compared with $1.22 in Q4 FY13. Analysts from Bloomberg had expected the company to report net earnings and GAAP diluted EPS from continuing operations of $816 million and $1.22, respectively, in Q4 FY14. On an adjusted basis, the company's Q4 FY14 diluted EPSincreased 14.9% to $1.50 from $1.31 in Q4 FY13. Moreover, Target's adjusted diluted EPS for Q4 FY14 was above its most recent guidance of $1.43 to $1.47 per share.

On January 14, 2015, Target's Board of Directors approved a plan to discontinue operating stores in Canada, resulting in a pretax impairment loss and other charges of $5.11 billion in Q4 FY14.

During Full year FY14, Target reported sales of $72.62 billion, compared to $71.28 billion in FY13. The company's FY14 sales slightly missed Bloomberg analysts' forecasts of $72.93 billion. The company's comparable sales increased 1.3% in FY14, compared to a decline of 0.4% in FY13.

In FY14, Target reported net earnings from continuing operations of $2.45 billion, compared to $2.69 billion in FY13. The company's GAAP diluted EPS from continuing operations came in at $3.83 in FY14, compared to $4.20 in FY13. Analysts from Bloomberg had expected the company to report net earnings and GAAP diluted EPS from continuing operations of $1.90 billion and $2.79, respectively, in FY14. Additionally, on an adjusted basis, the company's FY14 diluted EPSdecreased 2.6% to $4.27 from $4.38 in FY13. Sign up and read the free analyst's notes on TGT at:

http://get.Investor-Edge.com/pdf/?c=Target&d=25-Mar-2015&s=TGT

During Q4 FY14, Target paid dividends of $330 million, an increase of 21.6% from $272 million in Q4 FY13. In FY14, the company paid total dividends of $1.21 billion, up 19.8% from $1.01 billion in FY13.

For Q1 FY15, the company expects adjusted EPS of $0.95 to $1.05, reflecting results of operations in its single-segment business. Visit Investor-Edge and access the latest research on TGT at:

http://get.Investor-Edge.com/pdf/?c=Target&d=25-Mar-2015&s=TGT

Stock Performance

On the day of the earnings release, February 25, 2015, Target's stock edged 0.26% higher, ending the session at $77.15. Since then, the stock has moved both ways with gains outperforming losses. On the last close, Tuesday, March 24, 2015, the stock finished at $82.00, 0.95% above the previous day's closing price of $81.23, after vacillating between $80.91 and $82.19. A total of 5.68 million shares were traded, which was above the stock's three months average volume of 4.96 million shares. Over the last one month and previous three months, the company's shares have gained 6.56% and 9.85%, respectively. Additionally, the stock has surged 37.91% in the past one year. Shares in Target closed above their 50-day and 200-day moving averages of $76.89 and $67.02, respectively.

Sneak Peek to Corporate Insider Trading

In the last one month, there were 20 insider transactions made by five individuals. Between March 05, 2015 and March 23, 2015, a total of 62,470 shares have been purchased at an average price of $53.54 per share and for a total value of $3.34 million. During the stated period, a total of 96,281 shares, worth $7.69 million, were sold at an average price of $79.84 per share. The following are some of the transactions during the aforementioned period: Casey L. Carl, Chief Strategy and Innovation Officer at Target, purchased 23,549 shares at an average price of $52.56 and disposed 22,344 shares at an average price of $81.55 per share. On March 11, 2015, Brian Cornell, Board Chairman and CEO of Target, disposed 32,300 shares at an average price of $77.84 per share. On March 23, 2015, Jeffrey J. Jones II, Executive Vice President and Chief Marketing Officer at Target, bought 19,000 shares at an average price of $58.21 and sold an equal number of shares at an average price of $81.64 per share. Complimentary in-depth research on TGT is available at:

http://get.Investor-Edge.com/pdf/?c=Target&d=25-Mar-2015&s=TGT

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