Target Corp. (TGT)

Target Corp., ROE, long-term trends, calculation

	ROE	=	100	×	Net earnings (loss)1	÷	Shareholders’ investment1
Jan 29, 2005		=	100	×		÷
Jan 28, 2006		=	100	×		÷
Feb 3, 2007		=	100	×		÷
Feb 2, 2008		=	100	×		÷
Jan 31, 2009		=	100	×		÷
Jan 30, 2010		=	100	×		÷
Jan 29, 2011		=	100	×		÷
Jan 28, 2012		=	100	×		÷
Feb 2, 2013		=	100	×		÷
Feb 1, 2014		=	100	×		÷
Jan 31, 2015		=	100	×		÷
Jan 30, 2016		=	100	×		÷
Jan 28, 2017		=	100	×		÷
Feb 3, 2018		=	100	×		÷
Feb 2, 2019		=	100	×		÷

Based on: 10-K (filing date: 2005-04-11), 10-K (filing date: 2006-04-10), 10-K (filing date: 2007-03-15), 10-K (filing date: 2008-03-13), 10-K (filing date: 2009-03-13), 10-K (filing date: 2010-03-12), 10-K (filing date: 2011-03-11), 10-K (filing date: 2012-03-15), 10-K (filing date: 2013-03-20), 10-K (filing date: 2014-03-14), 10-K (filing date: 2015-03-13), 10-K (filing date: 2016-03-11), 10-K (filing date: 2017-03-08), 10-K (filing date: 2018-03-14), 10-K (filing date: 2019-03-13).

¹ USD $ in millions

Target Corp., ROE, long-term trends, comparison to competitors

	Target Corp.	Amazon.com Inc.	Costco Wholesale Corp.	eBay Inc.	Home Depot Inc.	Lowe’s Cos. Inc.	Netflix Inc.	TJX Cos. Inc.	Walmart Inc.
Jan 29, 2005
Jan 28, 2006
Feb 3, 2007
Feb 2, 2008
Jan 31, 2009
Jan 30, 2010
Jan 29, 2011
Jan 28, 2012
Feb 2, 2013
Feb 1, 2014
Jan 31, 2015
Jan 30, 2016
Jan 28, 2017
Feb 3, 2018
Feb 2, 2019

Based on: 10-K (filing date: 2005-04-11), 10-K (filing date: 2006-04-10), 10-K (filing date: 2007-03-15), 10-K (filing date: 2008-03-13), 10-K (filing date: 2009-03-13), 10-K (filing date: 2010-03-12), 10-K (filing date: 2011-03-11), 10-K (filing date: 2012-03-15), 10-K (filing date: 2013-03-20), 10-K (filing date: 2014-03-14), 10-K (filing date: 2015-03-13), 10-K (filing date: 2016-03-11), 10-K (filing date: 2017-03-08), 10-K (filing date: 2018-03-14), 10-K (filing date: 2019-03-13).

Target Corp., ROE, long-term trends, comparison to General Retailers sector

	Target Corp.	General Retailers
Jan 29, 2005
Jan 28, 2006
Feb 3, 2007
Feb 2, 2008
Jan 31, 2009
Jan 30, 2010
Jan 29, 2011
Jan 28, 2012
Feb 2, 2013
Feb 1, 2014
Jan 31, 2015
Jan 30, 2016
Jan 28, 2017
Feb 3, 2018
Feb 2, 2019

Based on: 10-K (filing date: 2005-04-11), 10-K (filing date: 2006-04-10), 10-K (filing date: 2007-03-15), 10-K (filing date: 2008-03-13), 10-K (filing date: 2009-03-13), 10-K (filing date: 2010-03-12), 10-K (filing date: 2011-03-11), 10-K (filing date: 2012-03-15), 10-K (filing date: 2013-03-20), 10-K (filing date: 2014-03-14), 10-K (filing date: 2015-03-13), 10-K (filing date: 2016-03-11), 10-K (filing date: 2017-03-08), 10-K (filing date: 2018-03-14), 10-K (filing date: 2019-03-13).

Target Corp., ROE, long-term trends, comparison to Consumer Services industry

	Target Corp.	Consumer Services
Jan 29, 2005
Jan 28, 2006
Feb 3, 2007
Feb 2, 2008
Jan 31, 2009
Jan 30, 2010
Jan 29, 2011
Jan 28, 2012
Feb 2, 2013
Feb 1, 2014
Jan 31, 2015
Jan 30, 2016
Jan 28, 2017
Feb 3, 2018
Feb 2, 2019

Based on: 10-K (filing date: 2005-04-11), 10-K (filing date: 2006-04-10), 10-K (filing date: 2007-03-15), 10-K (filing date: 2008-03-13), 10-K (filing date: 2009-03-13), 10-K (filing date: 2010-03-12), 10-K (filing date: 2011-03-11), 10-K (filing date: 2012-03-15), 10-K (filing date: 2013-03-20), 10-K (filing date: 2014-03-14), 10-K (filing date: 2015-03-13), 10-K (filing date: 2016-03-11), 10-K (filing date: 2017-03-08), 10-K (filing date: 2018-03-14), 10-K (filing date: 2019-03-13).