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Target Corporation (TGT) CEO Brian Cornell on Q1 2020 Results - Earnings Call Transcript

May 20, 2020 3:00 PM ETTarget Corporation (TGT)1 Comment
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Target Corporation (NYSE:TGT) Q1 2020 Earnings Conference Call May 20, 2020 8:00 AM ET

Company Participants

John Hulbert - Vice President, Investor Relations

Brian Cornell - Chairman and Chief Executive Officer

John Mulligan - Executive Vice President and Chief Operating Officer

Michael Fiddelke - Executive Vice President and Chief Financial Officer

Conference Call Participants

Edward Kelly - Wells Fargo Securities, LLC

Christopher Horvers - JPMorgan

Edward Yruma - KeyBanc Capital Markets Inc.

Matt McClintock - Raymond James & Associates, Inc.

Karen Short - Barclays Capital

Tracy Kogan - Citigroup

Robert Ohmes - Bank of America Merrill Lynch

Oliver Chen - Cowen and Company


Ladies and gentlemen, thank you for standing by. Welcome to the Target Corporation First Quarter Earnings Release Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will invite you to participate in a question-and-answer session. At the close of prepared remarks, we will open the queue for the Q&A session. [Operator Instructions] As a reminder, this conference is being recorded Wednesday, May 20, 2020.

I would now like to turn the conference over to Mr. John Hulbert, Vice President, Investor Relations. Please go ahead, sir.

John Hulbert

Good morning, everyone, and thank you for joining us on our first quarter 2020 earnings conference call. On the line with me today are Brian Cornell, Chairman and Chief Executive Officer; John Mulligan, Chief Operating Officer; and Michael Fiddelke, Chief Financial Officer.

In a few moments, Brian, John and Michael will provide their perspective on the first quarter and our continued focus on our guests and our team as we navigate through the current environment. Following their remarks, we’ll open the phone lines for a question-and-answer session.

This morning, we’re joined on this conference call by investors and others who are listening to our

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Comments (1)

Target bought quite a few of their shares in the first quarter. I don’t think they’ll be buying next quarter & that will help EPS.
Their online sales were up astronomically. And, customers like picking up those items at the store. I’ve used this service and it’s great.
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