Target Corporation

Target Corporation Evaluation of Annual Reports: 2006, 2007 By Pamela Miley Axia College ? Table of Contents excogitation3 Infrastructure4 Table 1:5 Table 2:6 line of merchandise6 Financial Ratios6 Table 3:7 Weighted Average m mavintary value of Capital (WACC)9 Conclusion10 Works Cited11 Introduction Target Corporation was startle in incorporated in Minnesota in 1902. They own their corporate headquarters buildings also located in Minneapolis and lease or own additional office space throughout the join States. They also lease 34 office locations in 24 countries that are used for support and sourcing operations. Target Corporation is one of the top 10 largest retailers in the United States by sales and the second largest in the general retail industry. In fiscal course of study 2007 they generated $63.3 billion of receipts, in 2006 they generated $59.4 billion in revenue, an attach of approximately 6%. These sales were generated through the sale of apparel, electronics, offer wares and various other product categories including food items both putrefiable and non-perishable items that are found in the Super Target stores. (Wikinvest, 2008). This revenue was generated both through their stores and there online operations.

Targets chief(prenominal) competitors in the retail agate line, which are known as the astronomical Three, are Wal-Mart and K-mart. Target, unlike the others does not currently surrender any international retail operations nor does it plan to do any operations overseas in the foreseeable future. The principal(prenominal) drawback to taking this position is the lost potential for opportunities in acclivitous markets such as China, and it exposes Target to the vulnerability of the domestic thrift in the United States. Their fiscal year ends on the Saturday closest January 31. Fiscal year 2007 ended February 2, 2008 and consisted of 52 weeks. Fiscal year 2006 ended February 3, 2007 and consisted of 53 weeks. Target is a seasonal business and has a substantially larger share of total revenues... If you expect to get a full essay, order it on our website: Orderessay

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