Rank: 30 (Previous rank: 28)
CEO: Gregg W. Steinhafel
Compare tool: Target vs. Top 10
Target stock is still off 40% from its 2007 high, but lately the shares have been on a tear, more than doubling since hitting bottom in March 2009. Chief executive Gregg Steinhafel intends to keep it that way with an extensive remodeling initiative. The company will spend some $1 billion this year renovating 340 of its 1,700-plus stores, and is exploring smaller store formats in dense urban markets. In the meantime, the company has been actively launching a number of celebrity fashion ventures, including a footwear deal with Olympic snowboarder Shaun White, and clothing lines from designers Jean Paul Gaultier and Anna Sui. --P.N. |
| Key financials |
$ millions |
% change
from 2008 |
| Revenues |
65,357.0 |
0.6 |
| Profits |
2,488.0 |
12.4 |
| Assets |
44,533.0 |
— |
| Stockholders' equity |
15,347.0 |
— |
| Market value (3/26/2010) |
43,132.6 |
— |
| Profits as % of |
|
| Revenues |
3.8 |
| Assets |
5.6 |
| Stockholders' equity |
16.2 |
| Earnings per share |
|
| 2009 $ |
3.30 |
| % change from 2008 |
15.4 |
| 1999-2009 annual growth rate % |
10.4 |
| Total return to investors |
% |
| 2009 |
42.5 |
| 1999-2009 annual rate |
3.7 |
|
Interactives
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See how revenues and profits at America's 25 largest companies have risen and fallen over the past decade.
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From a single store in 1962 to more than 4,300 outlets today, see how the biggest retailer has expanded.
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