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Target's (TGT) CEO Brian Cornell on Q4 2017 Results - Earnings Call Transcript

Mar. 06, 2018 10:17 PM ETTarget Corporation (TGT)5 Comments
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Target Corporation (NYSE:TGT) Q4 2017 Earnings Conference Call March 6, 2018 11:30 AM ET


John Hulbert - Vice President, IR

Brian Cornell - Chairman and CEO

John Mulligan - Chief Operating Officer

Cathy Smith - Chief Financial Officer


Wayne Hood - BMO Capital Markets

Matt Fassler - Goldman Sachs

John Zolidis - Buckingham Research

Oliver Chen - Cowen And Company

Bob Drbul - Guggenheim Securities

Peter Benedict - Baird

Greg Melich - MoffettNathanson

Bill Dreher - Susquehanna Financial Group

John Hulbert

Well, good morning, everyone. Thank you for joining us. For those of you here with us in the room, we’re really excited that you joined us this year in our hometown and hopefully, you found the experience last night, the store tour, the exhibit this morning helped you get a deeper understanding of what we’re working on.

A couple of housekeeping items. First, there’s a couple, I’m going to literally read the slides. First of all, any forward-looking statements that we make this morning are subject to risks and uncertainties, the most important of which are described in our SEC filings.

Second, in today’s remarks, we refer to non-GAAP financial measures, including adjusted earnings per share. Reconciliations of all non-GAAP measures to the most directly comparable GAAP measure are included in our financial press releases and SEC filings, which are posted on our Investor Relations website.

So, finally, something new this year for those of you on the webcast. You can submit questions. I’m happy to say we’re getting questions, so submit those. The team will get those questions to us and we will take some of those during the Q&A session after the speeches.

So, with that, we can get started with Brian.

Brian Cornell

Well, thanks, John, and good morning. And thank you for joining us today in Minneapolis. John, Cathy

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