selling, general and administrative (SG&A) expense rate (a)

fiscal 2016 to present

Title 23.0%

22.0% 21.0% 20.0% 19.0% 18.0% 17.0%

1Q

2Q

2016

2017

3Q 2018

4Q

Year

2019

2020

Fiscal Year

1Q

2Q

3Q

4Q

Year

2020

2019

2018

2017

2016

20.7 %

19.4 %

20.5 %

19.2 %

19.9 %

20.8 %

21.2 %

22.3 %

19.3 %

20.8 %

21.1 %

21.7 %

22.1 %

19.0 %

20.9 %

20.7 %

21.6 %

22.1 %

19.4 %

20.8 %

20.4 %

21.2 %

21.4 %

18.4 %

20.2 %

(a) SG&A expense rate is calculated by dividing SG&A Expense dollars by Total Revenue.

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.