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MarketScreener Homepage  >  Equities  >  Nyse  >  Target Corporation    TGT

TARGET CORPORATION

(TGT)
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Target : to Hire About 133,000 Seasonal Workers

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09/10/2019 | 08:34am EDT

By Colin Kellaher

Target on Tuesday said it plans to hire about 133,000 seasonal employees for the upcoming holiday, an increase of more than 5,000 over last year's level.

The Minneapolis retailer said about 125,000 of the seasonal hires will fill posts at its more than 1,800 stores, adding that will double the number of roles focused on fulfilling digital orders from its stores.

Target said roughly 8,000 seasonal jobs will be at its distribution and fulfillment centers.

Target said all seasonal hires will receive a minimum starting wage of $13 an hour. The retailer raised its minimum wage to $13 an hour in June as part of its pledge to reach $15 an hour by the end of next year.

Target, which last year hired 127,500 seasonal workers, said more than 40% of those employees remained with the retailer following the holiday season.

Package-delivery giant United Parcel Service on Monday said it plans to hire about 100,000 seasonal employees this year, about the same number of extra workers as it hired last year.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
TARGET CORPORATION -1.11% 106.67 Delayed Quote.61.40%
UNITED PARCEL SERVICE 1.33% 120.7 Delayed Quote.23.76%
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Financials (USD)
Sales 2020 78 339 M
EBIT 2020 4 557 M
Net income 2020 3 174 M
Debt 2020 10 584 M
Yield 2020 2,45%
P/E ratio 2020 17,3x
P/E ratio 2021 16,3x
EV / Sales2020 0,83x
EV / Sales2021 0,81x
Capitalization 54 501 M
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Technical analysis trends TARGET CORPORATION
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 111,29  $
Last Close Price 106,67  $
Spread / Highest target 21,9%
Spread / Average Target 4,33%
Spread / Lowest Target -23,1%
EPS Revisions
Managers
NameTitle
Brian C. Cornell Chairman & Chief Executive Officer
John J. Mulligan Chief Operating Officer & Executive Vice President
Catherine R. Smith Chief Financial Officer & Executive Vice President
Michael E. McNamara Chief Information Officer & Executive VP
Rich Agostino Chief Information Security Officer & Senior VP
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