gross margin rate (a)

fiscal 2016 to present

Fiscal Year

1Q

2Q

3Q

4Q

Year

2020

2019

2018

2017

2016

25.1 %

30.9 %

30.6 %

26.8 %

28.4 %

29.6 %

30.6 %

29.8 %

26.3 %

28.9 %

29.8 %

30.3 %

28.7 %

25.7 %

28.4 %

30.0 %

30.4 %

29.6 %

26.1 %

28.8 %

30.5 %

30.8 %

29.8 %

26.5 %

29.2 %

(a) Gross margin rate is calculated by dividing gross margin (Sales less Cost of Sales) dollars by Sales.

Source: Target's Consolidated Financial Statements as filed with the U.S. Securities and Exchange Commission.

Last Updated:

3/2/2021

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Target Corporation published this content on 02 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2021 12:49:05 UTC.