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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