summary of significant changes as well as sugguestions for what may have caused these changes.

Target Financial Statements & Ratio Sheet-8-3 (3) Home Insert Draw Page Layout Formulas Data Review View Tell me Arial 12 - Wrap Text General 28 III lili Peste B TV A EE Merge Center $ %) Conditional Format Cel Formatting as Table Styles Al fx TARGET CORPORATION B H N 0 P Q * 5 U TARGET CORPORATION INCOME STATEMENT FOR THE YEARS ENDED 272/2019 & 2/1/2020 5 5 hreat the Year 7 Sales Other revenue 9 Total revenue 30 Cost of sales 11 Selling general and administrative ex 12 Depreciation and amortization (exclus 10 Operating income 10 Net interest expense 15 Not other income) /expense 16 Earning tom continuing operationet 17 Provision for income taxes 10 Noteaming from continuing operatia 19 Discontinued operations, net of tax 20 Net emings 21 Basic eamings per share 22 Continuing operations 23 Discontinued operations 24 Noteamings per share 25 Diluted earnings per share 26 Continuing operations 27 Discontinued operations 20 Net Gamings per share 29 Weighted average common shares 30 Basic 31 Diluted 32 Antidutive shares Fiscal Year 2018 2/2/19 74,433 923 75.350 33.290 15.723 2.224 4,110 461 (27) 3,678 746 2,930 7 2.937 Fiscal Year 2019 2/1/20 77130 92 78.112 54,864 10,233 2357 4.658 477 4,190 921 3.260 12 3281 $ $ $ $ 639 554 0.01 5.55 002 6.42 $ 5 $ 5.50 $ 0.01 551 6.34 0.02 6.36 $ $ 528.00 533 20 510.90 515.60 33 34 35 36 37 38 19 40 41 Income Statement Balance Sheet Ratio Analysis CF Stmt Product Lines Store Locations Store Count + nach TARE CORPORATION INCOME STATEMENT FOR THE YEARS ENDED 22.2010 8 20000 FY 5 71,780 329 72.714 512 100 2.723 FA2010 Sot 210 72,190 GON 982 127 78.112 10:27 54 7 -1823 25.05% 2357 30 4.658 604% 06 2011 4,190 545 921 1.19% 3.200 424 12 0.02 3281 425% AS Net als 74433 100 DON S03 124 75 556 10 24 53.00 2181 15.73 21.12% 2224 2.50 4.110 5.42 . 27 0,04% 3.676 140 1OON 2930 3944 7 DOO 2.937 3954 2.224 653 5 Sales 5 ber Total revenue 30 costofa Selling general and me 22 Deprecation and amortion exclusive of precation included in con Operating income 36 Nestesponse 25 Netter income one 36 Earnings from continuing operation before income 17 Prown brincos 30 Neaming from continuing operation 19 Discontinued operation net of tax 20 Netering 3 21 Basingsperare 22 Conning operations 23 Discontinued operation 26 Nomings per har e Duted camins pershare Coening operations 5 7 Discontinued operations Natoaming pershane Weighted were common shares outstanding Basic 2.60 37625 30% 2.756 IS 204 510 324 13 500 13.33% 16 3:47 1661 514 13 175 23.48% 3301157 5.71434 41 4348 30:30 722 2008 2.914 $ 5 3 $ $ 5.12 0.01 532 554 001 5.55 6.30 0.02 342 5 $ $ 5 534 001 52 5.50 001 551 0.00 636 $ S $ 5460 55010 4.10 52860 53320 510.00 515.60 D Antidutive shares Target Financial Statements & Ratio Sheet-8-3 (3) Home Insert Draw Page Layout Formulas Data Review View Tell me Arial 12 - Wrap Text General 28 III lili Peste B TV A EE Merge Center $ %) Conditional Format Cel Formatting as Table Styles Al fx TARGET CORPORATION B H N 0 P Q * 5 U TARGET CORPORATION INCOME STATEMENT FOR THE YEARS ENDED 272/2019 & 2/1/2020 5 5 hreat the Year 7 Sales Other revenue 9 Total revenue 30 Cost of sales 11 Selling general and administrative ex 12 Depreciation and amortization (exclus 10 Operating income 10 Net interest expense 15 Not other income) /expense 16 Earning tom continuing operationet 17 Provision for income taxes 10 Noteaming from continuing operatia 19 Discontinued operations, net of tax 20 Net emings 21 Basic eamings per share 22 Continuing operations 23 Discontinued operations 24 Noteamings per share 25 Diluted earnings per share 26 Continuing operations 27 Discontinued operations 20 Net Gamings per share 29 Weighted average common shares 30 Basic 31 Diluted 32 Antidutive shares Fiscal Year 2018 2/2/19 74,433 923 75.350 33.290 15.723 2.224 4,110 461 (27) 3,678 746 2,930 7 2.937 Fiscal Year 2019 2/1/20 77130 92 78.112 54,864 10,233 2357 4.658 477 4,190 921 3.260 12 3281 $ $ $ $ 639 554 0.01 5.55 002 6.42 $ 5 $ 5.50 $ 0.01 551 6.34 0.02 6.36 $ $ 528.00 533 20 510.90 515.60 33 34 35 36 37 38 19 40 41 Income Statement Balance Sheet Ratio Analysis CF Stmt Product Lines Store Locations Store Count + nach TARE CORPORATION INCOME STATEMENT FOR THE YEARS ENDED 22.2010 8 20000 FY 5 71,780 329 72.714 512 100 2.723 FA2010 Sot 210 72,190 GON 982 127 78.112 10:27 54 7 -1823 25.05% 2357 30 4.658 604% 06 2011 4,190 545 921 1.19% 3.200 424 12 0.02 3281 425% AS Net als 74433 100 DON S03 124 75 556 10 24 53.00 2181 15.73 21.12% 2224 2.50 4.110 5.42 . 27 0,04% 3.676 140 1OON 2930 3944 7 DOO 2.937 3954 2.224 653 5 Sales 5 ber Total revenue 30 costofa Selling general and me 22 Deprecation and amortion exclusive of precation included in con Operating income 36 Nestesponse 25 Netter income one 36 Earnings from continuing operation before income 17 Prown brincos 30 Neaming from continuing operation 19 Discontinued operation net of tax 20 Netering 3 21 Basingsperare 22 Conning operations 23 Discontinued operation 26 Nomings per har e Duted camins pershare Coening operations 5 7 Discontinued operations Natoaming pershane Weighted were common shares outstanding Basic 2.60 37625 30% 2.756 IS 204 510 324 13 500 13.33% 16 3:47 1661 514 13 175 23.48% 3301157 5.71434 41 4348 30:30 722 2008 2.914 $ 5 3 $ $ 5.12 0.01 532 554 001 5.55 6.30 0.02 342 5 $ $ 5 534 001 52 5.50 001 551 0.00 636 $ S $ 5460 55010 4.10 52860 53320 510.00 515.60 D Antidutive shares