Target Corp. (TGT)
Analysis of Revenues
Accounting Policy on Revenue Recognition
General merchandise sales represent the vast majority of Target’s revenues. Target also earns revenues from a variety of other sources, most notably credit card profit sharing income from the arrangement with TD Bank Group (TD).
During 2018, Target reclassified certain income streams, including credit card profit sharing income, to Other Revenue on the Consolidated Statements of Operations and conformed prior periods.
Source: 10-K (filing date: 2019-03-13).
Revenues as Reported
Target Corp., Income Statement, Revenues
US$ in millions
|12 months ended||Feb 2, 2019||Feb 3, 2018||Jan 28, 2017||Jan 30, 2016||Jan 31, 2015||Feb 1, 2014|
Based on: 10-K (filing date: 2019-03-13), 10-K (filing date: 2018-03-14), 10-K (filing date: 2017-03-08), 10-K (filing date: 2016-03-11), 10-K (filing date: 2015-03-13), 10-K (filing date: 2014-03-14).
|Sales||Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).||Target Corp.’s sales increased from 2017 to 2018 and from 2018 to 2019.|