Target's Latest Plunge Is Another Buying Opportunity

Jeremy Bowman, The Motley Fool
·4-min read
Target's Latest Plunge Is Another Buying Opportunity

In the fourth quarter of fiscal 2020 (which ended Jan. 30, 2021), comparable sales jumped 20.5%, with strong growth in both stores and the digital channel. Revenue was up 21.1% to $28.3 billion, beating estimates of $27.5 billion, while adjusted earnings per share improved from $1.69 to $2.67, also topping the consensus of $2.54.