Target 2002 Annual Report Download - page 2

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*Includes unusual items, resulting in net after-tax charges and impacts to earnings per share of $42 million and $.05 per
share in 2001, $3 million and less than $.01 per share in 1999, $8 million and $.01 per share in 1998.
Operating Results (millions) 2002 2001 Change
Revenues $43,917 $39,826 10%
Pre-tax segment profit $ 3,461 $ 2,965 17%
Net earnings* $ 1,654 $ 1,368 21%
Per Share Data
Diluted earnings* $ 1.81 $ 1.50 21%
Cash dividends $ .240 $ .225 7%
At Year-end (thousands, except Number of stores)
Common shares outstanding 909,802 905,165
Retail square feet 176,525 161,624
Number of stores 1,475 1,381
01 Report to Shareholders
06 Strategy Discussion
17 Financial Review
40 Shareholder Information
$935
Net Earnings*
(millions)
’98 ’99 ’00 ’01 ’02
$1,144
$1,264
$1,368
$1,654
1,600
1,200
800
400
Pre-tax Segment
Profit (millions)
’98 ’99 ’00 ’01 ’02
$2,097
$2,523
$2,682
$2,965
$3,461
3,500
3,000
2,500
2,000
1,500
1,000
500
Financial Highlights
$30,635
Revenues
(millions)
’98 ’99 ’00 ’01 ’02
$33,657
$36,851
$39,826
$43,917
45,000
37,500
30,000
22,500
15,000
7,500
$1.23
Diluted Earnings
per Share*
’98 ’99 ’00 ’01 ’02
$.99
$1.38
$1.50
$1.81
1.75
1.50
1.25
1.00
.75
.50
.25